ISF Group Bhd’s subsidiary, Yeo Plumber Sdn Bhd, has secured a RM10 million contract from Kerjaya Prospek (M) Sdn Bhd to carry out cold-water and sanitary plumbing works for a new serviced apartment project that also includes commercial lots.
According to a Bursa Malaysia filing, the award covers subcontract works for the development. The project is set to begin immediately and is scheduled for completion by 15 March 2029. The contract is expected to provide a steady contribution to ISF Group’s earnings over its duration, without impacting the company’s share capital, net assets, or the shareholdings of its substantial shareholders.
Kerjaya Prospek (M) Sdn Bhd, a wholly owned subsidiary of Kerjaya Prospek Group Bhd, is primarily involved in building construction and property development. This collaboration underscores ISF Group’s ongoing role in supporting major property projects in Malaysia and highlights its capabilities in delivering specialized plumbing services for large-scale developments.
This deal further strengthens ISF Group’s order book and long-term revenue visibility, reinforcing the company’s strategic position in the construction services sector.
