Monday, March 7, 2011

Sunway Holdings secures RM74.1m contract from Malaysian Bio-XCell

KUALA LUMPUR: SUNWAY HOLDINGS BHD [] has secured a RM74.1 million contract from Malaysian Bio-XCell Sdn Bhd to build its central utilities plant at Biotechnological Park Bio-XCell, Nusajaya.

Sunway said on Monday, March 7 its unit Sunway CONSTRUCTION [] Sdn Bhd had accepted the letter of award for the contract.

'The proposed project is targeted to be completed by May 25, 2012. It is expected to contribute positively to the earnings of Sunway Group for the financial year ending Dec 31, 2011 onwards,' it said.

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