Kuala Lumpur: Southern Score Builders Bhd's (SSBB) wholly-owned subsidiary, Southern Score Sdn Bhd (SSSB), has secured a contract from Seribu Megah Sdn Bhd to undertake proposed upgrading works on a detention pond in Kuala Lumpur, valued at RM78.0 million.

According to BERNAMA News Agency, in a filing with Bursa Malaysia, SSBB announced that the project is set to commence on January 15, 2025, and is expected to be completed by January 14, 2026.

In a separate statement, SSBB's executive director and chief executive officer, Gan Yee Hin, highlighted that this contract will increase the company's outstanding order book to RM1.3 billion. Gan expressed optimism about the group's future, citing the robust order book and the forthcoming proposed acquisition of SJEE Engineering Sdn Bhd, a prominent mechanical and electrical specialist company in the high-tech and data centre sectors.

The project is anticipated to positively impact the net assets and earnings per share of the company and its group of companies for the financial year ending June 30, 2025, and continue to do so until the project's completion.