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NewsEkovest unit gets RM130m contract for beautification works
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Ekovest unit gets RM130m contract for beautification works
by Cals Wed 15 Jan 2014, 23:13
| Ekovest unit gets RM130m contract for beautification works |
| Business & Markets 2014 |
| Written by Ho Wah Foon of theedgemalaysia.com |
| Wednesday, 15 January 2014 19:10 |
KUALA LUMPUR (Jan 15): Ekovest Bhd announced that its 60%-owned unit, Ekovest-MRCB Construction Sdn Bhd, has been awarded a DBKL contract worth RM130 million to beautify some parts of Kuala Lumpur.
In a filing to Bursa Malaysia, it said: “Ekovest-MRCB has accepted a letter of award from DBKL (Kuala Lumpur City Hall) for the proposed improvement and beautification works at Precinct 7.”
Precinct 7 comprises Saint Mary’s Cathedral, Leboh Pasar Besar, Dayabumi Promenade, L.R.T Pasar Seni, China Town/Petaling Street, Panggung Bandaraya, Masjid Jamek and Bangunan Sultan Abdul Samad.
“Precinct 7 is one of eleven precincts along the 10.7 kilometers River of Life project.
“The total contract sum for the works is RM130 million and the completion period is for 104 weeks from the date of site possession… the works is expected to be completed in 2016.”
The contract is expected to contribute positively to our future earnings.
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