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AWC unit wins RM113m hospital service job

TheEdge Tue, Aug 20, 2019 06:28pm - 1 year ago

KUALA LUMPUR (Aug 20): Engineering services group AWC Bhd has bagged a RM113 million job to provide hospital support services for the National Cancer Institute.

Under the terms of the three-year contract, the scope of works to be undertaken by AWC will be to provide all engineering, cleaning, healthcare waste, linen, and laundry management services for the cancer institute in Putrajaya, the group said in a filing with the local bourse.

The contract that will start from Sept 1, 2019, to last till Aug 31, 2022, was secured by AWC's wholly-owned unit Ambang Wira Sdn Bhd from the Ministry of Health.

The new job is expected to contribute positively to its earnings over the duration of the contract, AWC said.

The group's shares rose six sen or 9.23% to settle at 71 sen today, bringing it a market capitalisation of RM208.11 million. Over the past 12 months, the stock has retreated 12.81%.

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