PETALING JAYA: Kencana Petroleum Bhd subsidiary Kencana Torsco Sdn Bhd has secured two contracts worth RM134.5mil for the construction of a manufacturing plant for Sunpower Malaysia Manufacturing Sdn Bhd.
In a filing with Bursa Malaysia, the company said the one-off construction contracts were expected to be delivered within the first quarter of 2010.
The first contract, worth RM106.7mil, was for the design, fabrication and construction of a superstructure, including preliminaries, external cladding and other related external works.
The second contract, estimated at RM27.8mil, was for the construction of a substructure, including preliminaries, substructure earthing system and other related substructure works.
“The contracts are expected to contribute positively to the earnings of Kencana Petroleum group for the financial year ending July 31, 2010,” the company said.
No comments:
Post a Comment