Friday, July 2, 2010

Putrajaya Perdana secures RM321.5m contract

KUALA LUMPUR: PUTRAJAYA PERDANA BHD [] has secured a RM321.5 million contract to construct a commercial, retail and hotel building along Jalan Tun Razak here.

The company said on Friday, July 2 it had accepted the contract from The Intermark Sdn Bhd to undertake the CONSTRUCTION [] of the new Intermark retail podium and tower.

"The contract period for the project is 23 months, that is to commence on July 14, 2010 and to complete by June 15, 2012," it said.

Putrajaya Perdana said the project was expected to contribute positively to the earnings and net assets of the group for the financial years ending Dec 31, 2010 to 2012.


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