AWC Bhd has been awarded a RM8.19 million contract by Gilang Cendana Sdn Bhd (GCSB), a subsidiary of Putrajaya Holdings Sdn Bhd.
AWC's wholly-owned subsidiary, Ambang Wira Sdn Bhd, received the letter of appointment to provide facility management, maintenance, and operational services for the Suasana PJH commercial office building in Precinct 2, Putrajaya.
The three-year contract will commence on February 1, 2024, with an option to extend for an additional two years, contingent on performance and management approval.
AWC's board noted that the acceptance of the letter of appointment is part of its normal business operations and is in the company's best interest.
As of the latest trading session, AWC's shares closed at 59.5 sen, resulting in a market capitalisation of RM198 million.