Monday 16 January 2012

Kimlun unit gets construction job worth RM82.1m

KUALA LUMPUR (Jan 16): Kimlun Corporation Bhd has landed a contract worth RM82.1 million for the CONSTRUCTION [] of two blocks of service apartment and ancillary buildings in Johor Bahru.

The company said on Monday that its wholly-owned subsidiary Kimlun Sdn Bhd had accepted the letter of award from Ikatan Flora Sdn. Bhd, a sub-subsidiary of IJM LAND BERHAD [] for the contract.

It said that the construction work was expected to be completed by May 2014.

Kimlun said the project was expected to contribute positively to its earnings for the current financial year ending Dec 31, 2012 and the subsequent financial years during the contract period.



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