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Friday, June 24, 2011

Muhibbah gets RM338m wharf upgrading project (Edge)

MUHIBBAH ENGINEERING (M) BHD [] has secured a RM338 million contract from Northport (Malaysia) Bhd to build a multipurpose wharf and the associated facilities.

It said on Friday, June 24 the wharf would be an extension to the existing wharf eight and upgrading of wharf 16.

“The contract is scheduled to commence in July 2011 with a target date of completion in March 2014.

“The contract is expected to contribute positively to the earnings and net assets of Muhibbah group for the current and future financial years,” it said.

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