Others
| Type | Announcement | ||||||||
| Subject | OTHERS | ||||||||
| Description | PROPOSED DEVELOPMENT OF LANGAT 2 WATER TREATMENT PLANT AND WATER RETICULATION SYSTEM IN SELANGOR DARUL EHSAN/WILAYAH PERSEKUTUAN KUALA LUMPUR (LANGAT 2 WTP AND WATER RETICULATION – PHASE 1) PACKAGE 2A – CONSTRUCTION AND COMPLETION OF 1130 MLD LANGAT 2 WATER TREATMENT PLANT. |
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Salcon Berhad ("Salcon" or "the Company") is pleased to announce that SALCON MMCB AZSB JV SDN BHD, a jointly controlled entity of Salcon Engineering Berhad, a wholly-owned subsidiary of Salcon (36%), MMC Corporation Berhad (34%) and Ahmad Zaki Sdn Bhd (30%), a wholly-owned subsidiary of Ahmad Zaki Resources Berhad, had received the Letter of Acceptance dated 16 April 2014 issued by Pengurusan Aset Air Berhad for the following project:-
(hereinafter referred as "the Project") The Project is expected to contribute positively towards the earnings and net assets of Salcon Group for the financial years ending 31 December 2014, 31 December 2015, 31 December 2016 and 31 December 2017. Salcon do not foresee any exceptional risks other than execution risks associated with the Project. The Project will not have any effect on the share capital and substantial shareholders' shareholding of the Company. None of the directors and/or major shareholders of the Company, or persons connected with them have any interest, direct or indirect, in the Project. |
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Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 17 Apr 2014 |
| Category | General Announcement |
| Reference No | CK-140417-33230 |