Date : 28 January 2019

OTHERS PROJEK PENSWASTAAN LEBUHRAYA BERTINGKAT SUNGAI BESI ULU KELANG PACKAGE CA2 CONSTRUCTION AND COMPLETION OF MAINLINE AND OTHER ASSOCIATED WORKS FROM CH.2400 TO CH.4200 - Letter of Acceptance

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
PROJEK PENSWASTAAN LEBUHRAYA BERTINGKAT SUNGAI BESI  ULU KELANG PACKAGE CA2  CONSTRUCTION AND COMPLETION OF MAINLINE AND OTHER ASSOCIATED WORKS FROM CH.2400 TO CH.4200
- Letter of Acceptance

Malaysian Resources Corporation Berhad (“MRCB” or the “Company”) is pleased to announce that its wholly-owned subsidiary, MRCB Builders Sdn Bhd (“MBSB”) has today acknowledged receipt and agreed to the terms and conditions stipulated in the Letter of Acceptance from Turnpike Synergy Sdn Bhd dated 18 January 2019 in relation to the contract for Projek Penswastaan Lebuhraya  Bertingkat Sungai Besi – Ulu Kelang Package CA2 - Construction And Completion Of Mainline And Other Associated Works From CH.2400 To CH.4200 (“the Project”). MBSB received the Letter of Acceptance on 23 January 2019.

 

The contract price for the Project is RM323 million. The completion date of the Project is 3 April 2020, i.e., within 14 months from the date of site possession on 4 February 2019.

 

The Project is expected to contribute positively to the earnings of MRCB for the financial years 2019 and 2020.

 

None of the Directors and/or major shareholders of the Company and/or persons connected with them, has any interest, direct or indirect, in the Project.

 

This announcement is dated 28 January 2019.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 28 Jan 2019
Category General Announcement for PLC
Reference Number GA1-28012019-00102