Sunway Construction Bags Three Projects for RM186.3m

Share

Sunway Construction Bags Three Projects for RM186.3m

PETALING JAYA, 27 March: Sunway Construction Group Bhd’s (SunCon) has been awarded three new projects for a combined contract value of RM186.29 million.

In a filing with the stock exchange last Friday, the company said it had received a letter of award from Gas District Cooling (Putrajaya) Sdn Bhd to provide chilled water supply systems and power generation systems for the Gas District Cooling (GDC) Plant 1 project in Putrajaya for RM152.4 million.

Besides that, it also secured a project from Cergas Murnin Sdn Bhd, for a contract sum of RM18.06 million for piling works at the Sungai Besi-Ulu Kelang Elevated Expressway. Works for the project will commence on May 15 and is expected to be completed by April 30 next year.

The third is a piling work project for the Damansara-Shah Alam Elevated Expressway for a contract sum of RM15.83 million.

The three projects are expected to contribute positively to SunCon’s earnings from the financial year ending Dec 31, 2017 onwards.

The group’s order book has gone up to RM4.9 billion after securing the three projects.

— THE SUN


Share
Sign up and stay updated
Get the latest property news, home solution tips, interior design ideas and property guides.
By subscribing, you consent to receive direct marketing from iProperty.com Malaysia Sdn Bhd (iProperty), its group of companies and partners. You also accept iProperty’s Terms of Use and Privacy Policy including its collection, use, disclosure, processing, storage and handling of your personal information.