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G Capital unit wins RM648,000 contract for Kelantan water project
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KUALA LUMPUR: G Capital Bhd’s (GCap) 51%-owned subsidiary, G Capital Water Solutions Sdn Bhd, has received a RM648,000 letter of award from Senie Associates Sdn Bhd to serve as the nominated non-revenue water (NRW) specialist for the Kelantan NRW Reduction Programme (Phase 2).

In a filing with Bursa Malaysia, GCap said the project, funded by the federal government through the Energy Transition and Water Transformation Ministry (PETRA), will run for five years starting Oct 17, 2025.

GCap Water Solutions’ scope of works includes flow measurement tests, leakage and hydraulic modelling, NRW auditing, and pre- and post-pipe replacement assessments.

“The project is expected to contribute positively to the earnings of the group with no material impact to the net assets of the group for the financial year ending Dec 31, 2025,” GCap said.

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