GDB Unit Secures RM118.99 Mln Sarawak Flood Forecasting Programme Subcontract
KUALA LUMPUR, Oct 19 (Bernama) -- GDB Holdings Bhd’s (GDB) wholly owned subsidiary, GDB Infra Sdn Bhd, has secured a RM118.99 million subcontract for Phase 3 of the National Flood Forecasting and Warning Programme (PRAB) in Sarawak.
GDB Holdings said the main contractor, I-Ilham Corporation Sdn Bhd, awarded its subsidiary the contract for construction and completion works for the PRAB Phase 3 project.
“The project is scheduled for completion by Nov 29, 2029,” the construction group said in a Bursa Malaysia filing, adding that the sub-contract is expected to contribute positively towards its future earnings.
Meanwhile, in a separate statement, GDB said the project is its fourth infrastructure contract win in Sarawak, lifting its cumulative construction value in the state to RM355.9 million.
The contract boosts GDB’s year-to-date contract wins across Peninsular and East Malaysia to RM795.3 million.
“Bolstered by the new win, the group is on track to achieve its RM1.0 billion order book target for financial year 2026 ending Dec 31, 2026.
As at Oct 13, 2026, GDB’s tender book stands at RM4.3 billion, spanning the industrial, data centre, commercial, mixed-use, infrastructure, and residential sectors.
-- BERNAMA