Gadang aims for 20% of RM2bil jobs tendered

KUALA LUMPUR: Gadang Holdings Bhd, a builder and property developer, is aiming to secure 20% of the RM2bil projects it tendered for, managing director and chief executive officer Tan Sri Kok Onn said yesterday.

Currently, the group’s construction and engineering division is actively participating in tenders worth more than RM2bil, he told reporters after the group’s EGM here yesterday.

Among the tenders are the proposed Kimanis power plant in Sabah worth US$300mil, the proposed 1,000MW Manjung power plant and the Pahang-Selangor water transfer project.

The proposed Kimanis power plant project was expected to be awarded before end of this year, Kok said, adding that it would be a joint venture project with a China party.