Wednesday, December 8, 2010

Bina Puri's order book swells to RM3.16b with Saudi, Thai contracts

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KUAL A LUMPUR
: BINA PURI HOLDINGS BHD []'s order book increased to RM3.16 billion after it secured a contract each in Saudi Arabia and Thailand.

It said on Wednesday, Dec 8 Bina Puri Saudi Co Ltd secured a stormwater pipeline project worth RM19.91 million from the City Council of Northern Border (Turaif). The contract duration was 540 days.

It also said Bina Puri (Thailand) Ltd had accepted a letter of award from Huatten Projects (Thailand) Ltd to build a warehouse and facilities at Ladkrabang Industrial Estate in Bangkok for RM18.28 million. The CONSTRUCTION [] period was seven months.

Bina Puri said the contracts were expected to contribute positively to its earnings for the financial year ending 2011.'' It managed to secure new projects worth RM2.46 billion in 2010.


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