Thursday, July 14, 2011

Daya Materials gets RM120m job from B. Braun

KUALA LUMPUR: DAYA MATERIALS BHD [] has secured a RM120 million contract from B Braun Medical Industries Sdn Bhd to build a new six-storey building in Bayan Lepas, Penang.

It said in a filing Thursday, July 14 Daya said its wholly-owned subsidiary Daya CMT Sdn Bhd had been awarded the contract on June 22, 2011.

The company said the project involved the CONSTRUCTION [] of one storey of utility plant rooms, three storeys of multi-level parking and a two storey multi-purpose building.

Daya said the project was expected to be completed within 12 months by July 2012.

It said the project would be financed through internally generated funds and bank borrowings, adding that the project was expected to contribute positively to its earnings.

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