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Protasco Berhad Group has three (3) long-term Federal Government concessions which provide steady recurring income. Estimated total revenue over the concession periods is about RM 2.43 billion. The estimated recurring annual revenue for the group is about RM260 million. On the whole, the following made a fairly significant contribution of about two-thirds to the Group profit in 2005:
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Concessions
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1
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Federal road maintenance concession up to February 2016 which consists of 6,200 km of roads in the states of Selangor, Pahang, Terengganu and Kelantan. It comprises routine maintenance, periodic maintenance and emergency works. It is undertaken by Roadcare (M) Sdn Bhd.
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2
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Federal road maintenance concession up to September 2018 which consists of 420 km of roads in Sibu, Bintulu and Mukah in the state of Sarawak. Undertaken by our wholly-owned subsidiary, HCM Engineering Sdn Bhd, it also involves routine maintenance, periodic maintenance and emergency works.
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3
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A RM348.3 million fee-based engineering services concession up to December 2011. Undertaken by our wholly-owned subsidiary, Kumpulan Ikram Sdn Bhd, the concession is for the provision of a whole range of services including geotechnical, structural and material testing, site investigation and soil testing, pavement evaluation, training and research & development activities to the Government. KISB also provides tertiary education via Kuala Lumpur Infrastructure University College (KLIUC).
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FAQS
