KUALA LUMPUR: Engineered solutions provider Pansar Bhd has completed the acquisition of Perbena Emas Sdn Bhd (PESB), marking the group’s diversification into the construction industry.
In a statement yesterday, Pansar said the acquisition has increased the group’s total secured orderbook value to RM2.2bil.
“To-date, PESB’s orderbook totalled to RM2bil, comprising of infrastructure projects such as the recently secured design and construction of UNIMAS Teaching Hospital in Sarawak totalling RM485.99mil, as well as the construction and completion of Batang Lupar 1 Bridge in Sarawak amounting to RM848.75mil, which are expected to support PESB’s earnings visibility over the next two to four years.
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