Monday 13 February 2012

Hock Seng Lee wins RM82m road contract

Hock Seng Lee Bhd (HSL) signed a RM82.223 million sub-contract agreement with PN Construction Sdn Bhd today for the construction of a road in Sarawak.

In filing to Bursa Malaysia, HSL said the scope of works for the project from Balingian to Jalan Persekutan, Sibu/Bintulu, includes earthworks, drainage and culverts, road and bridges.

HSL said the project is due to be completed in the first quarter of 2014.

The contract is expected to contribute positively to the earnings and net assets of the Group for the financial years ending 2012-2014, it added. -- BERNAMA



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