-->

Type something and hit enter

Pages

Singapore Investment


On




kwasa-damansara-mrt_fd300316_theedgemarkets

KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) and Ahmad Zaki Resources Bhd have both confirmed that their units are tendering for job packages in the Mass Rapid Transit (MRT) Sungai Buloh-Serdang-Putrajaya (SSP) line project, but have yet to receive any letter of award (LoA) from Mass Rapid Transit Corp Sdn Bhd (MRT Corp).

SunCon said its Sunway Construction Sdn Bhd (SCSB) is tendering for job packages from the SSP line but has yet to receive the formal letter of award from MRT Corp, though MRT Corp announced on Monday that it had awarded the work package V201 worth RM1.21 billion to SCSB.

It had also said that it was the second viaduct package awarded under the SSP line after awarding the work package V202 worth RM1.44 billion to Ahmad Zaki Sdn Bhd (AZSB) — a unit of Ahmad Zaki — last week.

“We wish to confirm that SCSB has tendered for the project and we will be pleased to disclose more details of the contract upon receipt of the formal LoA from MRT Corp or project delivery partner in due course,” SunCon said in its bourse filing yesterday.

Meanwhile, Ahmad Zaki also said AZSB had submitted a tender for the project, but said the LoA for the project will be issued in due course.

“Ahmad Zaki will make the necessary announcement to Bursa Malaysia when the LoA is formally secured and accepted,” it said in a filing with Bursa Malaysia yesterday.

SCSB is currently the work package contractors for Package V4 of the MRT Sungai Buloh-Kajang Line. On that basis, the company is pre-qualified to tender for work packages for the SSP line.

The SSP line is 52.2km long, with 13.5km running underground. It will have 37 stations — 11 of them underground.

Shares in SunCon closed unchanged at its all-time high of RM1.67 yesterday, after 7.02 million shares changed hands, giving them a market value of RM2.16 billion.

Ahmad Zaki, meanwhile, inched down 0.5 sen or 0.69% at 71.5 sen, with a market capitalisation of RM355.4 million.

AZRB (7078) - Ahmad Zaki, SunCon  confirm bidding for MRT jobs
http://www.theedgemarkets.com/my/article/suncon-ahmad-zaki-confirm-bidding-mrt-jobsAhmad Zaki
Back to Top