Others

BackSep 06, 2011
Date Announced
:
06/09/2011  



Type
:
Announcement
Subject
:
OTHERS

Description
:
Acceptance of the Letter of Award dated 25 AUGUST 2011 from OCTAGON ENGINEERING (M) SDN. BHD. for a sub-contract project known as 'Flood Mitigation Plan fro Chukai, Kemaman, Terengganu Darul Iman' for upgrading, repairing works and its related works of Sg. Chukai ("the Project").

Announcement Details/Table Section :

Further to our earlier announcement dated 2 September 2011 made to Bursa Malaysia Securities Berhad on the subject-matter, we are pleased to clarify that the acceptance of the letter of award in relation to the Project is expected to have significant impact to the earnings and net assets of Salcon Group for the financial year ending 31 December 2012.

As for the financial year ending 31 December 2011, the Project will have insignificant financial impact to the earnings and net assets of Salcon Group as it mainly on mobilisation and planning stage.