Geohan Corporation Bhd’s wholly-owned subsidiary, Geohan Sdn Bhd, has secured two significant contracts from SRS LRT Sdn Bhd, collectively valued at RM59 million, marking another milestone in the company’s continued expansion in the infrastructure sector. The announcement was made in a Bursa Malaysia filing today.
The contracts, awarded as letters of award (LOAs), relate to the Penang Light Rail Transit (LRT) Mutiara Line project, a key public transport initiative aimed at enhancing connectivity across the state. Specifically, the two sub-packages, BP01 and BPO2, are valued at RM31.20 million and RM27.80 million, respectively. These projects involve comprehensive bored piling construction and associated civil works along the LRT line, covering areas from Gelugor to the Penang Pesta vicinity and Setia SPICE.
Construction for sub-package BP01 is scheduled for completion by March 31, 2027, while sub-package BPO2 is expected to finish by April 30, 2027. Geohan said the contracts are anticipated to boost the company’s earnings visibility over the next two years, supporting sustained revenue growth and strengthening its market position in foundation and geotechnical works.
Lee Kim Seng, Geohan’s managing director, expressed confidence in the company’s ability to deliver the projects efficiently and to high standards. “These contracts reflect our continued track record in executing complex infrastructure projects successfully. We remain committed to delivering exceptional results for our clients while ensuring timely completion and maintaining quality standards,” he said.
The new contracts are also expected to enhance Geohan’s portfolio in the public transport sector, reinforcing its reputation as a reliable partner for large-scale civil engineering projects. With these awards, the group continues to capitalize on growth opportunities within Malaysia’s expanding rail and urban infrastructure landscape.
