OTHERS FAJARBARU BUILDER GROUP BHD ("FBG" OR "THE COMPANY") HEAD CONTRACT FROM AUSTRALIAN DEPARTMENT OF DEFENCE, COMMONWEALTH OF AUSTRALIA AND JOINT VENTURE AGREEMENT BETWEEN FAJARBARU BUILDER SDN BHD AND AVIONICS PTY LTD

FAJARBARU BUILDER GROUP BHD

Type Announcement
Subject OTHERS
Description
FAJARBARU BUILDER GROUP BHD  ("FBG" OR "THE COMPANY")

HEAD CONTRACT FROM AUSTRALIAN DEPARTMENT OF DEFENCE, COMMONWEALTH OF AUSTRALIA AND JOINT VENTURE AGREEMENT BETWEEN FAJARBARU BUILDER SDN BHD AND AVIONICS PTY LTD

The Board of Directors of Fajarbaru Builder Group Bhd (“FBG” or “the Company”) wishes to announce that Fajarbaru Builder Sdn Bhd (“FBSB”), a wholly-owned subsidiary of FBG, together with Avionics Pty Ltd (“APL”), has on 10 July 2023, been awarded a Head Contract (International) Two Phase from Australian Department of Defence, Commonwealth of Australia, in respect of the Planning Phase of the design and construct infrastructure project to redevelop the Australian leased facilities and Malaysian facilities at Royal Malaysian Air Force (RMAF) Base Butterworth, Penang, Malaysia (“Contract”). Arising from the Contract, FBSB and APL have entered into a Joint Venture Agreement (“JVA”) for the design and construct infrastructure project to redevelop the Australian leased facilities and Malaysian facilities at the RMAF Base Butterworth, Penang, Malaysia, including operational and recreational upgrades to airfield pavements, ground lighting infrastructure, drainage, rugby pitch, futsal court and associated infrastructure (“Project”).
Further details on the Contract and the Project are set out in the attachment.
This announcement is dated 10 July 2023. 






Announcement Info

Company Name FAJARBARU BUILDER GROUP BHD
Stock Name FAJAR
Date Announced 10 Jul 2023
Category General Announcement for PLC
Reference Number GA1-03072023-00022


Please refer attachment below.

  1. FBG Announcement - Head Contract and JVA.pdf