The sub-contract works has an initial contract value of approximately RM2.3 million ($0.69 million) that is targeted to be completed by the first quarter of 2025, which could be potentially increased to approximately RM12 million.
Tan Jit Meng, managing director of Lincotrade, says: “With Lincotrade’s strong capabilities in interior fitting-out services, we believe our team has the experience and expertise to complete the Sub-Contract Works of this infrastructure project on a timely basis.”
He adds: “Building on this momentum, we look forward to secure more overseas projects that complement the diversification of our business portfolio.”
Shares in Lincotrade closed flat at 9.8 cents on Sept 3.
