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Kimlun unit bags two projects worth RM325.5m
by Cals Sat 07 Sep 2013, 08:31
Kimlun unit bags two projects worth RM325.5m
Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Friday, 06 September 2013 18:53
KUALA LUMPUR (Sept 6): Kimlun Corporation Bhd announced that its wholly-owned subsidiary, Kimlun Sdn Bhd, has been awarded two projects worth RM325.5 million.
The details are:
Project 1: CONSTRUCTION [] of service apartments and offices in Puteri Harbour, Nusajaya, Johor Bahru, Johor. Contract sum is RM210 million. Estimated date of completion: March 2016.
Customer: Aston Star Sdn Bhd, a subsidiary of UEM SUNRISE BHD [].
Project 2: To undertake earthworks, piling works and structure works for two blocks of commercial buildings in Johor Bahru. Contract sum is RM115.5 million. Date of completion: September 2014.
Customer: Wealthy Growth Sdn Bhd, a subsidiary of IOI PROPERTIES [] BHD [].
“The projects are expected to contribute positively to the earnings and net assets of KIMLUN Group for the financial years during the contract period,” said Kimlun in a filing to Bursa Malaysia
Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Friday, 06 September 2013 18:53
KUALA LUMPUR (Sept 6): Kimlun Corporation Bhd announced that its wholly-owned subsidiary, Kimlun Sdn Bhd, has been awarded two projects worth RM325.5 million.
The details are:
Project 1: CONSTRUCTION [] of service apartments and offices in Puteri Harbour, Nusajaya, Johor Bahru, Johor. Contract sum is RM210 million. Estimated date of completion: March 2016.
Customer: Aston Star Sdn Bhd, a subsidiary of UEM SUNRISE BHD [].
Project 2: To undertake earthworks, piling works and structure works for two blocks of commercial buildings in Johor Bahru. Contract sum is RM115.5 million. Date of completion: September 2014.
Customer: Wealthy Growth Sdn Bhd, a subsidiary of IOI PROPERTIES [] BHD [].
“The projects are expected to contribute positively to the earnings and net assets of KIMLUN Group for the financial years during the contract period,” said Kimlun in a filing to Bursa Malaysia
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