Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Bursa Community

Bursa Malaysia Stock Forum - Enriching You!


Bintai Kinden unit gets RM175m job

Bursa Community :: Community News

Go down

Bintai Kinden unit gets RM175m job Empty Bintai Kinden unit gets RM175m job

Post by Cals Fri 25 Apr 2014, 02:03

Bintai Kinden unit gets RM175m job
Business & Markets 2014
Written by Cynthia Blemin of theedgemalaysia.com   
Thursday, 24 April 2014 10:25

KUALA LUMPUR: Bintai Kindenko Pte Ltd, a 69.82%-owned subsidiary of Bintai Kinden Corp Bhd (BKCB) has secured a subcontract for a project known as Mapletree Business City2 in Singapore.

In a filing with Bursa Malaysia yesterday, BKCB said Shimizu Corp, incorporated in Japan, had awarded the project to Bintai Kindenko to perform as a subcontractor for the redevelopment of an existing 10-storey building into a 30-storey business park development with five- to eight-storey podium, amenities and first storey and mezzanine floor car park on Alexandra Terrace/Pasir Panjang Road.

The project is expected to be completed by April 20, 2016, it said. “The project is expected to contribute positively to the future earnings of the BKCB Group,” it said, adding that the project will not have any material financial impact on the earnings, net assets and gearing of BKCB for the financial year ending March 31, 2015.

The job includes the design, supply, delivery, installation, testing, commissioning and maintenance of air conditioning and mechanical ventilation system, including an intelligent building management system.


This article first appeared in The Edge Financial Daily, on April 24, 2014.
Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

Bursa Community :: Community News

 
Permissions in this forum:
You cannot reply to topics in this forum