Monday 27 February 2012

Kimlun awarded RM72m job

Kimlun Corporation Bhd's unit, Kimlun Sdn Bhd, has secured a RM71.991 million contract from Tanah Sutera Development Sdn Bhd to undertake the construction of an extension building, ancillary building and alteration of an existing shopping mall in Johor Bahru.

In a filing to Bursa Malaysia today, the company said the project was expected to be completed by end-November and contribute positively to the earnings and net assets of the group for this year.

With the award, the group's estimated outstanding order book stood at approximately RM1.45 billion. -- Bernama



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