Thursday, 3 May 2012

Fajarbaru gets RM299.84m sub-contract job from MRCB

KUALA LUMPUR (May 3): Fajarbaru Builder Group Bhd has secured a sub-contract worth RM299.84 million to build a power substation from MALAYSIAN RESOURCES CORP []oration Bhd.

The company said on Thursday that its unit Fajarbaru Builder Sdn. Bhd had received a letter of acceptance to build the Kg Kuala Sungai Baru substation and other associated works for the Ampang (AMG) Line Extension project.

Fajarbaru said the CONSTRUCTION [] period of the sub-contract would be 30 months from the commencement date.

It said the sub-contract was expected to contribute positively to its earnings for the financial years ending June 30, 2012 to June 30, 2015.

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