Others

BackJan 30, 2013
Type Announcement
Subject OTHERS
Description 1.LETTER OF ACCEPTANCE
– DESIGN, CONSTRUCTION, COMMISSIONING, COMPLETION, OPERATION AND MAINTENANCE OF THE FIRST MODULE (35,000 PE) OF THE 65,000 PE SEWAGE TREATMENT PLANT AND PUMPING STATION (35,000 PE) AT ELMINA EAST DEVELOPMENT, SHAH ALAM, SELANGOR DARUL EHSAN

2. LETTER OF AWARD
- DESIGN, CONSTRUCTION, TESTING AND COMMISSIONING, COMPLETION AND HANDOVER OF ONE MODULE OF 20,000 PE INTERMITTENTLY DECANTED EXTENDED AERATION (IDEA) ACTIVATED SLUDGE SEWAGE TREATMENT PLANT (MODULE NO. 5) ON PART OF CENTRALISED SEPANG PERMAI CATCHMENT AREA (GSG146) FOR MIXED DEVELOPMENT ON LOT 15495 HS(D) 7637 TO LOT PT 15596 HS(D) 7738, MUKIM DENGKIL, DAERAH SEPANG, NEGERI SELANGOR DARUL EHSAN

Salcon Berhad (“Salcon” or “the Company”) is pleased to announce that Envitech Sdn Bhd, a 60% owned subsidiary of Salcon Engineering Berhad, which in turn is a wholly-owned subsidiary of the Company, has on 30 January 2013 accepted 2 awards issued by the following:-

 

No. Name Project Duration Contract Sum
1. Sime Darby Elmina Development Sdn Bhd

Design, Construction, Commissioning, Completion, Operation and Maintenance of the First Module (35,000 PE) of the 65,000 PE Sewage Treatment Plant and Pumping Station (35,000 PE) at Elmina East Development, Shah Alam, Selangor Darul Ehsan

65 weeks commencing from 12 February 2013 to 13 May 2014

RM11,716,800.00
2. ST Partners Sdn Bhd

Design, Construction, Testing and Commissioning Completion and Handover of  one Module of 20,000 PE Intermittently Decanted Extended Aeration (IDEA) Activated Sludge Sewage Treatment Plant (Module No.5) on Part of Centralised Sepang Permai Catchment Area (GSG146) for Mixed Development on Lot 15495 HS(D) 7637 to Lot PT 15596) HS(D) 7738, Mukim Dengkil, Daerah Sepang, Negeri Selangor Darul Ehsan

12 months commencing from 21 January 2013 to 20 January 2014

 RM3,620,000.00

 

(hereinafter referred as “the Projects”)

The above mentioned contracts are construction contracts and have no option for renewal.

The Projects are expected to contribute positively towards the earnings and net assets of Salcon Group for the financial years ending 31 December 2013 and 31 December 2014.

Salcon do not foresee any exceptional risk other than execution risk associated with the Projects.

The Projects 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 Projects.

 

Announcement Info

Company Name SALCON BERHAD  
Stock Name SALCON    
Date Announced 30 Jan 2013  
Category General Announcement
Reference No CK-130130-56909