Others

BackApr 08, 2013
Type Announcement
Subject OTHERS
Description 1. LETTER OF AWARD
– DESIGN, BUILD, COMMISSIONING, OPERATION, MAINTENANCE AND HANDING OVER TO AUTHORITY OF PROPOSED UPGRADING OF THE SAM 043 SEWAGE TREATMENT PLANT (STP), ALL ASSOCIATED WORKS AND DEMOLISHING OF EXISTING SAM 043 STP AT TEMASYA GLENMARIE, SEKSYEN U1, 40150 SHAH ALAM, SELANGOR DARUL EHSAN.

2. LETTER OF ACCEPTANCE
– PROPOSED HOUSING AND COMMERCIAL DEVELOPMENT AT PT. 1616 – PT. 1619, PT. 2129, PT. 2014 – PT. 2127 AND PT. 2361- PT. 2365, SEKSYEN 13, SHAH ALAM, SELANGOR DARUL EHSAN FOR SELANGOR DEVELOPMENT CORPORATION/ LEBAR DAUN DEVELOPMENT SDN. BHD. – UPGRADING WORKS ON PUMPS STATION SAM 048.

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 accepted 2 awards issued by the following:-

 

No.

Name

Project

Duration

Contract Sum

Date of acceptance

1.

Lebar Daun Development Sdn. Bhd.

Proposed Housing and Commercial Development at PT1616 - PT1619, PT. 2129, PT. 2014 – PT. 2127 and PT. 2361- PT. 2365, Seksyen 13, Shah Alam, Selangor Darul Ehsan for Selangor Development Corporation/ Lebar Daun Development Sdn. Bhd. – Upgrading Works on Pumps Station SAM 048.

 

 

commencing from 23 April 2013 to 21 October 2013

 

 

RM3,473,000.00

4 April 2013

2.

Temasya Development Co. Sdn. Bhd.

Design, Build, Commissioning, Operation, Maintenance and Handing Over to Authority of Proposed Upgrading of the SAM 043 Sewage Treatment Plant (STP), all Associated Works and Demolishing of Existing SAM 043 STP at Temasya Glenmarie, Seksyen U1, 40150 Shah Alam, Selangor Darul Ehsan.

 

15 months, commencing from 16 April 2013 to 16 July 2014

 

 

 

 

RM9,900,000.00

5 April 2013

 

(hereinafter referred as “the Projects”)

The Projects 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 8 Apr 2013  
Category General Announcement
Reference No CK-130408-57944