Monday, August 30, 2010

Muhibbah secures RM124.4m Singapore marine centre contract

KUALA LUMPUR: MUHIBBAH ENGINEERING (M) BHD [] has been awarded a RM124.4 million contract for the proposed Offshore Marine Centre at Tuas South Avenue 8 in Singapore.

The company said on Monday, Aug 30 the contract was awarded by Jurong Town Corporation.

'The project is scheduled to commence in September 2010 and is targeted for completion in October 2011,' it said.

Muhibbah Engineering said the project was expected to contribute positively to the earnings and net assets of the group for the current and future financial years.


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