Bursa Malaysia Stock Watch

Fajarbaru Builder wins RM62m contract

kltrader
Publish date: Thu, 30 Sep 2010, 10:58 PM
kltrader
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FAJARBARU Builder Group Bhd's wholly owned subsidiary, Fajarbaru Builder Sdn Bhd, has been awarded a RM62.377 million contract by the East Coast Economic Region Development Council (ECERDC).

The contract is for the construction and completion of Package 1(110 acres) earthworks and infrastructure works for the development of Phase 2, Automotive Industrial Park, Pekan-Peramu, Pahang, Fajarbaru said in a statement today.

The contract is expected to contribute positively to the earnings and net assets of the group for the financial year ending June 30, 2011 and also 2012. - BERNAMA
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