• The 32-month project is slated to start on May 15 and to be completed on Jan 14, 2028.

KUALA LUMPUR (May 13): Construction outfit Nestcon Bhd (KL:NESTCON) has secured a subcontract worth RM44.12 million for site clearing and earthworks at a 1,382-acre mixed development in Seremban, Negeri Sembilan.

The subcontract was awarded by Matrix Excelcon Sdn Bhd, a construction arm of Matrix Concepts Holdings Bhd (KL:MATRIX), according to Nextcon's bourse filing Tuesday.

The 32-month project is slated to start on May 15 and to be completed on Jan 14, 2028.

This marks the fifth project that Nestcon has secured year-to-date, bringing the value of its contract wins to RM455.43 million.

Nestcon shares closed unchanged at 37.5 sen on Tuesday, giving it a market capitalisation of RM264.49 million.

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