Board of Directors of Fajarbaru Builder Group Bhd. (“FBG” or “the Company”) wishes to announce that a wholly owned subsidiary of the Company, Fajarbaru Builder Sdn. Bhd. has on 17 January 2018 accepted a Letter of Award dated 12 January 2018 from Malaysia Airports (Sepang) Sdn. Bhd. in respect of the project known as "Proposed Improvement Works and Upgrades the Existing Building, Satellite Building at Kuala Lumpur International Airport (KLIA) Complex which involves Mezzanine Floor, Passenger Floor and Ground Floor on Lot No. PT13 of Kuala Lumpur International Airport in Sepang District, Selangor Darul Ehsan" (“the Contract”).
The Contract period is Fourteen (14) months commencing from 1 February 2018 to 31 March 2019.
The Contract value is Ringgit Malaysia Twelve Million Nine Hundred Twenty Five Thousand only (RM12,925,000.00), excluding of 6% Goods and Services Tax (GST).
The Contract will have no material effect on the share capital and substantial shareholders’ shareholding of FBG.
The Contract is expected to contribute positively to the earnings and net assets of the FBG Group for the financial years ending 30 June 2018 and 30 June 2019
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DragonBall2017
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Posted by DragonBall2017 > 2018-01-08 21:58 | Report Abuse
Hammer? What hammer?