Friday 30 December 2011

Cypark secures RM15m landfill project

KUALA LUMPUR: Cypark Resour-ces Bhd, an environmental technology and engineering specialist, has secured a RM14.71 million job to upgrade a landfill site in Negri Sembilan’s Kok Foh enclave.

In a statement to Bursa Malaysia, Cypark said the project, which involves the closure of a portion of the landfill and the upgrading of another portion into a sanitary cell, is expected to complete by Dec 6, 2012.

“The contract will further strengthen the company’s position as one of Malaysia’s leading specialists in solid waste management and integrated environmental solutions,” Cypark said.

The job, which is expected to boost earnings for FY12 ending Oct 31 is in addition to other contracts previously awarded by the National Solid Waste Management Department for the closure and remediation of 16 landfills.Other completed projects by Cypark include the restoration of a piece of former mining land in Cyberjaya, and the Taman Beringin non-sanitary landfill restoration project in Kuala Lumpur.

Cypark shares fell one sen to close at RM1.41 yesterday, down 2% this year.



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