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Update Zecon clinches RM495 million Sarawak hospital job

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Update Zecon clinches RM495 million Sarawak hospital job Empty Update Zecon clinches RM495 million Sarawak hospital job

Post by hlk Fri 26 Apr 2013, 15:54

Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Friday, 26 April 2013 13:40
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KUALA LUMPUR (April 26): ZECON BHD [] has clinched a RM495
million job to build the Petra Jaya Hospital in Kuching, Sarawak.
In a statement to the exchange today, Zecon said the builder has
received the Letter of Award for the 42-month project from Jabatan
Kerja Raya (Public Works Department).
"The said project is not expected to have any material impact on the
earnings, net assets, share capital and substantial shareholders’
shareholdings of Zecon for the financial year ending 30 June 2013.
"However, it is expected to contribute positively to the company’s
consolidated net assets and earnings in the subsequent financial
years," Zecon said.
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