KUALA LUMPUR: PUNCAK NIAGA HOLDINGS BHD [] and its joint venture partner QUALITY CONCRETE HOLDINGS BHD [] have signed a contract for a RM667.32 million rural water supply project in Sarawak.
Puncak said on Monday, May 23 the 40:60 Konsortium Puncak Niaga Holdings Bhd- Quality Concrete had signed the contract to supply rural water from 2010 to 2012. The completion period is Dec 31, 2012.
The project was awarded by the federal government's Rural and Regional Development Ministry.
'The contract is expected to contribute positively to the earnings and net asset per share of Puncak group for the financial year ending Dec 31, 2011,' it said.
Puncak said on Monday, May 23 the 40:60 Konsortium Puncak Niaga Holdings Bhd- Quality Concrete had signed the contract to supply rural water from 2010 to 2012. The completion period is Dec 31, 2012.
The project was awarded by the federal government's Rural and Regional Development Ministry.
'The contract is expected to contribute positively to the earnings and net asset per share of Puncak group for the financial year ending Dec 31, 2011,' it said.
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