OTHERS SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") - LETTER OF AWARD ISSUED BY CITITOWER SDN BHD
SUNWAY CONSTRUCTION GROUP BERHAD
Description SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") - LETTER OF AWARD ISSUED BY CITITOWER SDN BHD
The Board of Directors of SunCon is pleased to announce that Sunway Construction Sdn Bhd (“SCSB”), a subsidiary of SunCon, has on 23 November 2015, accepted the Letter of Award issued by Cititower Sdn Bhd, a joint venture company between KLCC (Holdings) Sdn Bhd and QD Asia Pasific Ltd, in relation to the construction of the substructure works and associated works for the Proposed Mixed Commercial Development for Lot 176 at Persiaran KLCC, Kuala Lumpur City Centre (“Project”), in conjunction with the Package 2 Contract: Construction and Completion of Piling and Sub-structure Works and Associated Works for the Proposed Mixed Commercial Development for Lot 185 and Lot 167(K) at Persiaran KLCC, Kuala Lumpur City Centre, for a total contract sum of Ringgit Malaysia One Hundred Six Million Seven Hundred Fifty One Thousand Two Hundred Ninety and Sen Ninety Eight (RM106,751,290.98/-) only.
The Date of Completion for the whole Project shall be on 28 December 2017. The Project is expected to contribute positively to the earnings of SunCon Group from the financial year ending 31 December 2016 onwards.
The Project is subject to normal construction risk of materials price fluctuation. However, with the past experiences and expertise of SCSB in construction projects, this risk could be mitigated.
None of the directors or substantial shareholders of SunCon or persons connected with them has any interest, whether direct or indirect in the Project.
This announcement is dated 23 November 2015.
截至24.11.15，双威建筑 SunCon 的未入账销售增加至RM4.4bil。这项合约是由Cititower Sdn Bhd颁发的。SunCon 主要是扶着建筑和打桩工程。
这已经是Suncon自7月上市以来赢得的第3项工程合约，其赢取合约的能力真的不是开完笑的！也难怪这几天的股价一直往上看。有票的朋友恭喜你们啦！
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