Friday, December 31, 2010

Dialog subsidairy secures RM64.6m contract from Asean Bintulu Fertilizer

KUALA LUMPUR: DIALOG GROUP BHD []'s subsidiary has secured a RM64.6 million contract from Asean Bintulu Fertilizer Sdn Bhd (ABF) to build a cooling tower in Bintulu, Sarawak.

Dialog said on Thursday, Dec 30 Dialog E&C Sdn Bhd's scope of work would involve the engineering, procurement, CONSTRUCTION [], commissioning and associated works of the new tower.

'The project will commence immediately and is expected to be completed by September 2011,' it said.

Dialog would fund the working capital for the project from its own funds and/or bank borrowings.

It added a formal contract between Dialog E&C and ABF will be executed following the acceptance of the letter of award by Dialog E&C.


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