Sunway Holdings Bhd's unit, Sunway Geotechnics (M) Sdn Bhd, has accepted the letter of award for a contract worth RM88 million from Sunway City Bhd.Sunway Holdings said in a filing to Bursa Malaysia today, that the contract is for the proposed earthworks, piling and sub-structure works for the construction of one block of 24-storey office tower and six-storey basement car park for phase three on part of Lot 42, Bandar Sunway.The project is targeted to be fully completed on Nov 14, 2011 with a construction period of 18 months.It is expected to contribute positively to the earnings of the group for the financial year ending Dec 31, 2010 onwards.
Monday, May 17, 2010
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