Malaysian Resources Corporation Berhad (“MRCB” or “the Company”) is pleased to announce that the Company had on 14 August 2017 received a Letter of Acceptance from Turnpike Synergy Sdn Bhd to accept the Company’s offer to undertake and complete Package CB2: Construction and Completion of Mainline and Other Associated Works from CH.12453.000 to CH.14342.371 under the “Projek Penswastaan Lebuhraya Bertingkat Damansara – Shah Alam”.

The contract price of the works package is RM369 million and the duration of the contract is 26 months. The works are anticipated to commence by end of August 2017 and to be completed by October 2019.

The contract is expected to contribute positively to the future earnings of the Group.

None of the Directors, substantial shareholders and/or persons connected with a Director or substantial shareholder of the Company, have any interest, direct or indirect, in the contract.