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February 10, 2016 3:59 PM ET

Construction and Engineering

Company Overview of Edgenta PROPEL Berhad

Company Overview

Edgenta PROPEL Berhad provides infrastructure maintenance services. It offers pavement rehabilitation and maintenance services; highway traffic management services that include temporary lane closures, tidal flow and contra-flow, and highway patrolling and incident intervention; a range of traffic management equipment, such as temporary signboards, barriers, and variable messaging system sale and rental services; construction site traffic management services that include road diversions, lane closures, and barricades during construction; and event traffic management services that include the supply and provision of traffic management during major events. The company also provides construct, ...

Level 17, Menara UEM

Tower 1, Avenue 7

The Horizon Bangsar South City

No. 8, Jalan Kerinchi

Kuala Lumpur,  59200

Malaysia

Founded in 1988

Phone:

60 3 2725 7777

Fax:

60 3 2725 7778

Key Executives for Edgenta PROPEL Berhad

Senior General Manager of Corporate & Finance Department
Managing Director
Age: 54
Manager of Legal & Secretarial Unit and Company Secretary
Company Secretary
Age: 54
Compensation as of Fiscal Year 2015.

Edgenta PROPEL Berhad Key Developments

Edgenta Propel Bhd Bags MYR 109 Million Road Contract

Edgenta Propel Bhd has won a five-year road maintenance contract in Selangor worth MYR 109 million. UEM Edgenta announced that the firm had received a letter of acceptance from the state Public Works Department for the deal, which will commence on February 1, 2016 and end on January 31 2021. It is expected to contribute positively to the group's future earnings and net assets per share.

Edgenta PROPEL Berhad Receives Letter of Acceptance for 5-Year Road Maintenance Contract for Zone III State Roads in Selangor

UEM Edgenta announced that the company's wholly-owned subsidiary, Edgenta PROPEL Berhad has on 28 December 2015 received a letter of acceptance from Jabatan Kerja Raya, Selangor Darul Ehsan (Public Works Department, Selangor) for a 5-year road maintenance contract for Zone III state roads in Selangor. The contract, which is valued at MYR 109,067,159.80 (MYR 21,813,431.96 each year) will commence on 1 February 2016 and ends on 31 January 2021. The contract is expected to contribute positively to the group's future earnings and net assets per share. The contract will not have any effect on the issued and paid-up share capital, or on the shareholding of the substantial shareholders of the company.

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