Who awarded the RM243.43 million contract to WZS Misi Setia?

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Malaysian Refining Company Sdn Bhd Awarded the RM243.43 Million Contract to WZS Misi Setia

Malaysian Refining Company Sdn Bhd (MRCSB) awarded the contract valued at RM243.43 million to WZS Misi Setia Sdn Bhd. This contract is for the engineering, procurement, construction, and commissioning of an effluent management at source (EMAS) project. WZS Misi Setia is a wholly-owned subsidiary of WZ Satu Bhd, and HRSB Holdings Sdn Bhd is the consortium leader for this project.
Contract Details and Parties Involved

The agreement, formally accepted by WZS Misi Setia on April 13, 2021, involves the provision of comprehensive services for the EMAS project. MRCSB, the awarding entity, is the client for this significant undertaking. WZS Misi Setia, as a consortium partner alongside leader HRSB Holdings Sdn Bhd, will be responsible for executing the project's various phases.
Project Scope and Timeline

The contract encompasses engineering, procurement, construction, and commissioning aspects of the effluent management system. The project has a defined duration of 27 months, with a targeted completion date set for June 30, 2023. This timeline indicates a substantial period allocated for the development and implementation of the EMAS facility.
Financial Value and Expected Contribution

The total value of the contract awarded to WZS Misi Setia stands at RM243.43 million. This substantial financial commitment is expected to positively impact the future earnings and net assets per share of WZ Satu Bhd for the financial years concluding on December 31, 2021, December 31, 2022, and December 31, 2023.

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Who awarded the RM243.43 million contract to WZS Misi Setia?

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