KUALA LUMPUR: Dialog Group Bhd 's wholly owned subsidiary Dialog E&C Sdn Bhd has signed an EPCC contract valued at about RM248mil with PRPC Utilities and Facilities Sdn Bhd.

       It said the contract is for the provision of engineering, procurement, construction and commissioning (EPCC) of Titanium Nitrile Butadiene Latex (NBL) Outside Battery Limit Facility Project for Pengerang Integrated Complex (PI”) at Pengerang, Johor.

       In a filing with Bursa Malaysia, the group said Dialog E&C will construct the required interconnecting and utilities line and a new effluent treatment plant facility in the PIC as part of PRPC Utilities and Facilities' growth programme.

       It said the project will commence immediately and is expected to be completed by the second quarter of 2023.

       "The project is not expected to have any effects on the share capital and substantial shareholders’ shareholding of DIALOG.

       "The project, however, is expected to contribute positively to the earnings and net assets of Dialog for the financial years ending 30 June 2022 onwards until the completion of the Project," it said.