Bina Puri unit bags RM248m construction job
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Bina Puri unit bags RM248m construction job
Bina Puri unit bags RM248m construction job |
Business & Markets 2014 |
Written by Ho Wah Foon of theedgemalaysia.com |
Tuesday, 15 April 2014 14:03 |
KUALA LUMPUR (April 15): Bina Puri Holdings Bhd said its wholly owned unit Bina Puri Construction Sdn. Bhd has bagged a construction job worth RM247.84 million in Sarawak.
It said its subsidiary has entered into an agreement with Blessed Builders Sdn. Bhd. and Pangkalan Ikan Central Sdn. Bhd. (PIC) to build the Fishery Complex in Kuching at a contract value of RM247.84 million.
The commencement date will take effect after the financial close between PIC and their financier has been determined, the company said. The duration of the project shall be 36 months.
“With this latest award, the group’s unbuilt book order stands at RM1.93 billion as at to date.
“The management is confident that they can further secure more projects in 2014.”
Bina Puri said this job is not expected to have any material effect on its net assets and earnings for the financial year ending 31 December 2014.
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