Bursa Malaysia Stock Watch

AZRB to complete highway works

kltrader
Publish date: Fri, 11 Mar 2011, 09:16 AM
kltrader
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Ahmad Zaki Resources Bhd (AZRB) has received the Letter of Acceptance from Public Works Department (JKR) Malaysia to complete the remaining works on the East Coast Highway Project, Phase 2, Terengganu, worth RM145.38 million.

AZRB in statement today said the work is expected to be completed on Aug 26, 2012.

It is expected to contribute positively to the company's earnings and net tangible assets for the financial years ending 2011 and 2012. -- Bernama
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