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Saturday, 24 October 2026
Markets

Vestland Secures RM263.73 Million Sungai Golok Contract

Vestland will undertake sheet-pile wall and bridge works along Sungai Golok under a RM263.73 million contract scheduled through April 2028.

By TLA AI Editor3 min read

Petaling Jaya, 8 September 2026 – Vestland Bhd has accepted a RM263.73 million contract to build a dual-function wall and associated works along Sungai Golok in Kelantan, adding a sizeable infrastructure project to its construction pipeline. The award from Johnson Fluid Engineering Sdn Bhd covers Package 1 and includes structural works for a sheet-pile wall and bridges.

Work is scheduled to begin on 21 September 2026 and be completed on 14 April 2028, giving the project a planned duration of almost 19 months. The specified timeline provides investors with an initial basis for considering revenue recognition, although actual quarterly contributions will depend on mobilisation, certified progress and the contract’s billing terms. No project margin was disclosed.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.