Announcements
Announcements
Date: 12 September 2017

OTHERS Cypark Secures New Landfill Closure and Restoration Contract in Negeri Sembilan (revised terms)


Type Announcement
Subject OTHERS
Description Cypark Secures New Landfill Closure and Restoration Contract in Negeri Sembilan (revised terms)

Reference is made to the announcement made on 11 September 2017 pertaining to the Letter of Award dated 8 September 2017 from Jabatan Pengurusan Sisa Pepejal Negara ("JPSPN") in respect of a contract for "Cadangan Merekabentuk, Membina dan Menyiapkan Projek Penutupan Selamat Tapak Pelupusan (TP) Sisa Pepejal Bukit Palong, Port Dickson, Negeri Sembilan" ("the Works").

 

The Company had on today received a revised Letter of Award from the JPSPN in respect of the Works.

 

The stipulated completion date of the project is revised to 19 March 2019, which is 18 months from the date of site possession on 20 September 2017. Accordingly, the Works is expected to contribute positively to the earnings and net assets of CRB for the financial years ending 31 October 2017, 31 October 2018 and 31 October 2019.

 

Save and except for the above, there is no other changes in respect of the contract for the Works.

 

This announcement is dated 12 September 2017.





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