Friday, November 11, 2011

Kimlun gets RM68m contract in Iskandar Malaysia

KUALA LUMPUR (Nov 11): Kimlun Corporation Bhd has secured a contract worth RM68 million to build a service apartment in Iskandar Malaysia in Johor.

In a filing Friday, Nov 11, Kimlun said its wholly-owned subsidiary Kimlun Sdn Bhd had accepted the letter of award for the contract from Grand Action Sdn Bhd.

Kimlun said the CONSTRUCTION [] work was expected to be completed by January 2014.

The company said the project was expected to contribute positively to its earnings for the current financial year ending Dec 31, 2011 and the subsequent financial years during the contract period.

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