Monday, January 3, 2011

Sunway secures RM218.8m contracts

KUALA LUMPUR: SUNWAY HOLDINGS BHD [] has secured two contracts totaling RM218.82 million which are for the expansion of a Universiti Teknologi Mara campus and a proposed link bridge in the heart of Kuala Lumpur.

Sunway said on Monday, Jan 3 its unit Sunway CONSTRUCTION [] Sdn Bhd had on Dec 30, 2010, accepted the letters of award.

The first contract was for the the main infrastructure works and satellite works for UiTM campus expansion (Zone 1 Phase 2) under the private finance initiative (PFI) scheme in Kuala Selangor.

The second contract is for the proposed link bridge phase 2 from Impiana KLCC to Raja Chulan (Pavilion KL), Kuala Lumpur from KLCC Holdings.

'The proposed projects 1 and 2 are expected to contribute positively to the earnings of Sunway Group for the financial year ending 31 December 2011 onwards,' it said.


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