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Monday, December 20, 2010

Bina Puri unit gets RM158m project in Brunei (BT)

Bina Puri Holdings Bhd's unit, Bina Puri (B) Sdn Bhd, has secured a sub-contract worth RM158.36 million in Brunei.

Bina Puri (B) has entered into a sub-contract agreement with Chuon Tzu Construction Company Sdn Bhd to undertake the infrastructure works for a housing project, for the contract sum of RM158.36 million, it said in a filing to Bursa Malaysia today.

The project is expected to be completed within 36 months.
With the award, the Group’s current book order stands at RM3.31 billion to date. The Group has managed to secure new projects worth RM2.62 billion in 2010.

The sub-contract is expected to contribute positively to the earnings of the Bina Puri Group for the financial year ending Dec 31, 2011. -- BERNAM

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