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Salcon wins RM23m construction contracts

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Salcon wins RM23m construction contracts Empty Salcon wins RM23m construction contracts

Post by Cals Thu 30 Jan 2014, 02:21

Salcon wins RM23m construction contracts
Business & Markets 2014
Written by Jeffrey Tan of theedgemalaysia.com   
Wednesday, 29 January 2014 18:46

KUALA LUMPUR (Jan 29): Salcon Bhd has secured two construction contracts worth RM23 million for projects in Shah Alam and Klang, Selangor.

In a statement to Bursa Malaysia, the water and wastewater engineering company said Envitech Sdn Bhd, a 60% owned subsidiary of Salcon Engineering Bhd has accepted the awards from Cekal Unggul Sdn Bhd and HNC Jurutera Perunding Sdn Bhd.

Salcon Engineering Bhd is a wholly-owned subsidiary of Salcon.

“The projects are expected to contribute positively towards the earnings and net assets of the group for the financial years ending Dec 31, 2014 and Dec 31, 2015,” said Salcon.

The firm said the contract for the Klang project is for the design, approval, supply, delivery, construction, completion, testing, commissioning and maintenance of a proposed 25,000 P.E. sewerage pumping station and associate works for a proposed mixed-development.
It said the other project is for a proposed ‘force main works’ from the intermediate pumping station at Tropicana Metropark, Shah Alam to the existing Indah Water Konsortium’s sewerage treatment plant.
Salcon added the construction contracts have no option for renewal.
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