Aneka Jaringan unit forms joint venture

TheStar Tue, Nov 24, 2020 02:08pm - 3 years View Original


Aneka Jaringan managing director Pang Tse Fui

KUALA LUMPUR: Aneka Jaringan Holdings Bhd’s wholly-owned subsidiary, Aneka Jaringan Sdn Bhd, has formed a joint venture (JV) company in the Philippines with Sunway Geotechnics (M) Sdn Bhd (SunGeo) and Pertama Crane & Engineering Sdn Bhd.

In a statement Tuesday, Aneka said the JV company is known as Sunway Aneka Pertama Geotechnics (PH) Inc (SAPGeo) and will undertake the design and/or construction of foundation, retaining, substructure and ground improvement works in the Philippines.

The shareholding proportions in SAPGeo are SunGeo 43%, Aneka 42% and Pertama 15%.

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ANEKA 0.250
PERTAMA 2.540
SUNWAY 3.490

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