KUALA LUMPUR: Meta Bright Group Bhd’s 70%-owned subsidiary Expogaya Sdn Bhd via its wholly owned unit Jesselton Concrete Sdn Bhd has secured a materials supply contract valued at approximately RM15.51 million.
The contract was awarded by China Communications Construction Company (M) Sdn Bhd, a wholly owned subsidiary of China Communications Construction Co Ltd (CCCC), one of the world’s leading infrastructure construction groups.
Under the agreement, Jesselton Concrete will serve as the priority supplier of multiple grades of ready-mixed concrete for the ESTEEL Ore Terminal Project in Sabah, ensuring consistent material supply to support the project’s construction requirements.
Jesselton Concrete will oversee delivered duty paid (DDP) logistics under the contract, assuming full responsibility for freight management and transportation risks until the materials reach the project site.
To support the project’s demanding construction timeline, the group will also provide night-time and round-the-clock delivery services whenever required.
The contract carries favourable commercial terms for the group, with China Communications Construction required to make 100% upfront payment for each order. This arrangement materially reduces the group’s credit risk exposure while strengthening its cash flow visibility for the project.
Meta Bright executive director of corporate and strategic planning Derek Phang Kiew Lim said winning a supply mandate from a contractor of CCCC’s calibre is a meaningful validation of the group’s operational capabilities in Sabah, reflecting its strong logistics network, reliable batching plant capacity and ability to deliver consistently under demanding project timelines.
“This is a customer that demands absolute reliability – priority allocation, round-the-clock delivery, and zero tolerance for supply disruption.
“The fact that Jesselton Concrete was selected as the designated priority supplier reflects the depth of our batching plant network and our ability to execute under demanding timelines.
“More broadly, this contract adds to our order visibility across Sabah’s expanding industrial and infrastructure sectors. We remain focused on disciplined execution and converting East Malaysia’s infrastructure demand into sustainable, recurring earnings for our shareholders,” he said.
CCCC is a Fortune Global 500-listed infrastructure group widely recognised as the world’s largest port design and construction company, with operations spanning major infrastructure projects worldwide.
Its Malaysian arm, China Communications Construction (M) Sdn Bhd, undertakes the investment, construction and operation of transportation infrastructure and large-scale development projects across the country, drawing on the extensive resources, engineering expertise and global network of the CCCC group.
The Sun Malaysia
