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NewsHighlight Jaks Resources bags RM1.75 bil EPC contract for power plant project in Vietnam
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Highlight Jaks Resources bags RM1.75 bil EPC contract for power plant project in Vietnam
by Cals Mon 03 Aug 2015, 21:59
Highlight
Jaks Resources bags RM1.75 bil EPC contract for power plant project in Vietnam
KUALA LUMPUR (Aug 3): Jaks Resources Bhd ([You must be registered and logged in to see this image.] Financial Dashboard)’s wholly-owned unit Golden Keen Holdings Ltd has been awarded a engineering, procurement and construction (EPC) contract worth US$454.7 million (RM1.75 billion) for the power plant project in Vietnam.
The new contract has boosted Jaks Resources’ outstanding construction order book to RM2.44 billion, according to the press statement today.
In the statement, Jaks Resources said the EPC contract to Golden Keen encompasses both civil engineering works, such as construction of the independent power producer (IPP)’s infrastructure and buildings, as well as mechanical and electrical (M&E) engineering works.
Jaks Resources’ shares were trading one sen lower at 97 sen today, giving it a market capitalisation of RM427.4 million.
Jaks Resources bags RM1.75 bil EPC contract for power plant project in Vietnam
KUALA LUMPUR (Aug 3): Jaks Resources Bhd ([You must be registered and logged in to see this image.] Financial Dashboard)’s wholly-owned unit Golden Keen Holdings Ltd has been awarded a engineering, procurement and construction (EPC) contract worth US$454.7 million (RM1.75 billion) for the power plant project in Vietnam.
The new contract has boosted Jaks Resources’ outstanding construction order book to RM2.44 billion, according to the press statement today.
In the statement, Jaks Resources said the EPC contract to Golden Keen encompasses both civil engineering works, such as construction of the independent power producer (IPP)’s infrastructure and buildings, as well as mechanical and electrical (M&E) engineering works.
Jaks Resources’ shares were trading one sen lower at 97 sen today, giving it a market capitalisation of RM427.4 million.
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