TAFI secures development contract value RM9.5mil


KUALA LUMPUR: Tafi Industries Bhd has secured a RM9.5mil development contract from Alpha Asset Sdn Bhd.

In a submitting with Bursa Malaysia, TAFI mentioned its wholly owned unit, TAFI House & Workplace Sdn Bhd secured the contract from Alpha Asset for development and completion of 1 unit single storey manufacturing facility and warehouse, along with two-storey workplace constructing at Telok Panglima Garang , Selangor.

The contract length is 12 months from April 7, 2022 to April 6, 2023 and is anticipated to contribute positively to the earnings of TAFI for the monetary 12 months ending Dec 31, 2022.

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