Bursa Malaysia Stock Watch
Hock Seng Lee gets RM67.3m Sarawak road project
kltrader
Publish date: Wed, 10 Nov 2010, 02:44 PM
kltrader
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KUALA LUMPUR: HOCK SENG LEE BHD [] has secured a RM67.34 million contract to build the Tuie/Supa/Manggut Road in Betong, Sarawak.
It said on Wednesday, Nov 10 it has signed a sub-contract agreement with Adiqa Engineering Sdn Bhd to undertake the project.
"The scope of works includes earthworks, road, drainage and other related works. The works of the project will be due to be completed by May 2013," it said.
Hock Seng Lee said the contract is expected to contribute positively to the earnings and net assets of the group for the financial years ending 2010 to 2013.
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