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 |