Malaysian builder Protasco Bhd has won a RM578.5 million (US$182.61 million) job to build apartments for government servants in the country’s administrative capital of Putrajaya, the firm said in a stock exchange filing late yesterday.

Protasco said it was appointed by state-run Putrajaya Corporation to develop 1,680 apartment units under an affordable housing scheme known as the 1Malaysia Civil Servants Housing

Programme.

The project is expected to be completed within two years, Protasco said.

Protasco shares closed down 0.7 percent at RM1.33 yesterday, underperforming the broader market that rose 0.60 percent.  

- Reuters