Good news MMC got RM1.52 Billion Job from Gov.....hopefully can translate into
next monday
OTHERS CADANGAN PEMBINAAN LANGAT CENTRALISED SEWAGE TREATMENT PLANT DAN PENYAMBUNGAN RANGKAIAN PAIP PEMBETUNGAN DI KAWASAN TADAHAN LEMBANGAN SUNGAI LANGAT SECARA REKA DAN BINA
MMC CORPORATION BERHAD
Type Announcement
Subject OTHERS
Description CADANGAN PEMBINAAN LANGAT CENTRALISED SEWAGE TREATMENT PLANT DAN PENYAMBUNGAN RANGKAIAN PAIP PEMBETUNGAN DI KAWASAN TADAHAN LEMBANGAN SUNGAI LANGAT SECARA REKA DAN BINA
MMC Corporation Berhad (“MMC” or “the Company”) is pleased to announce that MMC-Sumitomo Consortium had received a Letter of Acceptance dated 7 October 2014 from Kementerian Tenaga Teknologi Hijau dan Air (KeTTHA) for the following project:
Project
Duration
Contract Sum
Date of Acceptance
Cadangan Pembinaan Langat Centralised Sewage Treatment Plant dan Penyambungan Rangkaian Paip Pembetungan Di Kawasan Tadahan Lembangan Sungai Langat Secara Reka Dan Bina
Seventy two (72) months
RM1,505,515,000
9 October 2014
(hereinafter referred as “the Project”)
The Project is expected to contribute positively towards the earnings and net assets of MMC Group commencing from the financial year ending 31 December 2015. The Project will not have any effect on the share capital and substantial shareholders’ shareholding of the Company.
MMC does not foresee any exceptional risks from the Project other than execution risks.
None of the directors and/or major shareholders of the Company, or persons connected with them have any interest, direct or indirect, in the Project.
This announcement is dated 10 October 2014.
