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BURSA ANNOUNCEMENTS

Date : 09 November 2016

Letter of acceptance for the Works

TALIWORKS CORPORATION BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-08112016-00001
Subject Letter of acceptance for the Works
Description
TALIWORKS CORPORATION BERHAD ("TCB" OR "THE COMPANY") - LETTER OF ACCEPTANCE FROM EAST COAST ECONOMIC REGION DEVELOPMENT COUNCIL (ECERDC) FOR THE PROPOSED CONSTRUCTION AND COMPLETION OF GANCHONG WATER TREATMENT WORKS, MAIN DISTRIBUTION PIPELINE, BOOSTER PUMP STATIONS AND ASSOCIATED WORKS IN PEKAN, PAHANG DARUL MAKMUR FOR THE ECERDC PACKAGE 3A MAIN DISTRIBUTION PIPELINE, MAIN BUILDINGS AND ASSOCIATED WORKS AT TG AGAS (THE WORKS)  JOINT VENTURE AGREEMENT (JVA)
Query Letter Contents

Letter of acceptance from East Coast Economic Region Development Council (“ECERDC”) for the proposed construction and completion of Ganchong water treatment works, main distribution pipeline, booster pump stations and associated works in Pekan, Pahang Darul Makmur for the ECERDC Package 3A Main Distribution Pipeline, Main Buildings and Associated Works at Tg Agas (“the Works”) Joint Venture Agreement 


We refer to your Company’s announcement dated 7 November 2016 in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

  1. Areas/scope of responsibility/work of each party.
  2. How the cost/expenses of the Works shall be shared between the 2 parties.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully

TAN YEW ENG
Vice President, Issuers
Listing Division, Regulation

TYE/NMA

Cc : Market Surveillance Dept., Securities Commission (via fax)

Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the announcements dated 9 September 2016 and 7 November 2016.

 

We refer to Bursa Malaysia Securities Berhad's letter dated 8 November 2016 (Ref No. IQL-08112016-00001) with regards to the Company's announcement dated 7 November 2016. We wish to announce that the scope of Works and total contract value of the Works to be shared by TCB and IGSB are as follows:

 

 

 

Scope of Works Done by Respective Party

 

Description

TCB

IGSB

1

General and Preliminaries

2

Civil Works

3

Booster Pumping Plant

4

Electrical Works

-

5

Instrumentation and Telemetry System

-

6

External Lightings - Tg. Agas Site

-

7

Tools and Testing Equipment

-

 

Total

RM36,277,117.60

RM36,839,882.40

Each party will carry out their scope of works as detailed above and bear their own cost of construction.

This announcement is dated 9 November 2016.





Announcement Info

Company Name TALIWORKS CORPORATION BERHAD
Stock Name TALIWRK
Date Announced 09 Nov 2016
Category General Announcement for PLC
Reference Number GA1-09112016-00043



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