|Description||LETTERS OF APPOINTMENT FROM KOPERASI PEMBANGUNAN HARTANAH PUTRAJAYA BERHAD – “PROJEK PERUMAHAN MAMPU MILIK 1MALAYSIA”|
Protasco Berhad is pleased to announce that its wholly-owned subsidiary, HCM Engineering Sdn Bhd (“HCM”), had on 21 January 2014 received Letters of Appointment from Koperasi Pembangunan Hartanah Putrajaya Berhad appointing HCM as the main contractor for the following projects:
(a) Design, build and completion of 907 units (subject to approved layout plan) of single storey terrace houses under the “Projek Perumahan Mampu Milik 1Malaysia” in Daerah Manjung, Perak Darul Ridzuan; and
(b) Design, build and completion of 237 units (subject to approved layout plan) of single storey terrace houses under the “Projek Perumahan Mampu Milik 1Malaysia” in Daerah Jelebu, Negeri Sembilan Darul Khusus.
(collectively referred to as “Project”)
The Project value is approximately RM88.1 million and are to be completed within 18 months from the date of sites possession. The Project is expected to contribute positively to the earnings of the Protasco Group for the financial year ending 31 December 2014 and will improve the net assets of the Protasco Group for the financial year ending 31 December 2014.
None of the Directors, substantial shareholders of Protasco Berhad or person connected with them have any interests, direct or indirect, in the Project.
This announcement is dated 21 January 2014.
|Company Name||PROTASCO BERHAD|
|Date Announced||21 Jan 2014|