KUALA LUMPUR: SUNWAY HOLDINGS BHD [] has secured a RM257.96 million contract for the proposed CONSTRUCTION [] of part of the Legoland Malaysia Theme Park in Johor.
Sunway said on Friday, March 4 its unit Sunway Construction Sdn Bhd had accepted the letter of award from IDR Assets Sdn Bhd to build package four of the theme park.
'The proposed project is targeted to be completed on June 2, 2012 with a construction period of 15 months. It is expected to contribute positively to the earnings of Sunway Group for the financial year ending Dec 31, 2011 onwards,' it said.
Sunway said while the proposed project was subject to normal construction risk of materials price fluctuation, this risk could be mitigated at this juncture.
Sunway said on Friday, March 4 its unit Sunway Construction Sdn Bhd had accepted the letter of award from IDR Assets Sdn Bhd to build package four of the theme park.
'The proposed project is targeted to be completed on June 2, 2012 with a construction period of 15 months. It is expected to contribute positively to the earnings of Sunway Group for the financial year ending Dec 31, 2011 onwards,' it said.
Sunway said while the proposed project was subject to normal construction risk of materials price fluctuation, this risk could be mitigated at this juncture.
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