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Wednesday, March 18, 2009

Faber secures RM65.5m contracts in Abu Dhabi

Faber Group Bhd’s subsidiary Faber LLC has secured two contracts from the Abu Dhabi government valued at RM65.5 million to provide civil, mechanical and electrical maintenance services there for two housing projects.

It told Bursa Malaysia on March 18 the first contract, valued at RM32.8 million, was for the provision of the services to low-cost housing project at Madinat Zayed.

The second contract was to provide similar services to low-cost housing project in Liwa.

The contracts can be extended on a yearly basis over four years.

 

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