Login
SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

FBG Holdings unit secures INR-equivalent MYR 40.2 million contract for MIROS facility project

#International News#Infrastructure#Malaysia
Last Updated : 23rd Apr, 2026
share-icon Share
font-size icon Font size
ABC Small ABCMedium ABCLarge
Save
print Print
comment Comment
Synopsis

FBG Holdings Bhd announced that its subsidiary has accepted a letter of award from MTD Construction for a specialist contractor role in the MIROS crash test facilities laboratory equipment project. The contract, valued at MYR 40.2 million, marks a significant addition to the company’s order book. The project involves supplying and managing specialised laboratory systems for crash testing infrastructure. This development reflects steady demand in infrastructure-linked technical projects and follows similar contract wins by regional construction-linked firms in recent quarters.

Story Image

Representative image

FBG Holdings Bhd stated that one of its units has accepted a letter of award from MTD Construction for a project linked to the Malaysian Institute of Road Safety Research (MIROS). The company confirmed that the acceptance took place recently.


The contract involves appointing the unit as a specialist contractor for the crash test facilities laboratory equipment project. The scope of work is expected to include the supply, installation and integration of technical laboratory systems required for crash testing infrastructure.

The total contract value stands at MYR 40.2 million, adding to the group’s existing order book. While the company did not disclose execution timelines in detail, such projects typically involve phased delivery aligned with infrastructure readiness and compliance requirements.

MIROS plays a key role in road safety research and testing in Malaysia, and the development of dedicated crash testing facilities has been part of broader efforts to improve vehicle safety standards in the region. Contracts of this nature usually require specialised expertise in engineering systems and testing environments.

In recent quarters, construction and engineering firms across Southeast Asia have been securing similar technical contracts, particularly in areas linked to transport safety, infrastructure upgrades and research facilities. This trend has supported order book visibility for companies operating in niche contracting segments.

Source Reuters
Next (23rd CREDAI MCHI Thane Property Expo Concludes on a High Note; Registers Record Footfalls and site visit bookings)

Have something to say? Post your comment

Post Comment

Quick Links

Asset Class

Location

Other News
post_image

5th Jun, 2025

Mumbai emerges as top data centre hub in Asia-Pacific region
post_image

25th May, 2023

Reliance Industries acquires the Mandarin Oriental Hotel in New York
post_image

11th May, 2023

U.S. housing market sees significant decline in home listings amidst reluctant sellers and high mortgage rates
post_image

27th Apr, 2023

US single-family housing construction on the rise: positive signs for a struggling market