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Update Ahmad Zaki wins RM172m contract from UTM

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Update Ahmad Zaki wins RM172m contract from UTM Empty Update Ahmad Zaki wins RM172m contract from UTM

Post by Cals Thu 11 Jul 2013, 20:42

Update Ahmad Zaki wins RM172m contract from UTM
Business & Markets 2013
Written by Kamarul Anwar of theedgemalaysia.com
Thursday, 11 July 2013 17:48

KUALA LUMPUR (July 11): AHMAD ZAKI RESOURCES BHD [] (AZRB) has won a CONSTRUCTION [] contract worth RM171.5 million from Universiti Teknologi Malaysia (UTM).

In a filing with Bursa Malaysia, AZRB said its wholly-owned subsidiary Ahmad Zaki Sdn Bhd has received the letter of award from UTM to design and build a student-accommodation complex at UTM Kuala Lumpur along Jalan Semarak.

The project is expected to be completed on July 21, 2016, AZRB said.

AZRB said the project is expected to contribute positively to its earnings and net tangible assets for financial years ending December 13, 2013 to 2016.
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