Friday, July 16, 2010

Bina Puri Confirms Getting 997.2 Million Contract

Ah... the 'leaked news' is finally confirmed. LOL!

  • Bina Puri venture wins RM997m airport job

    Published: 2010/07/16

    Bina Puri Holdings Bhd, a Malaysian builder, said its joint venture was awarded a RM997.2 million contract to construct a budget airline terminal outside Kuala Lumpur.

    This brings the Bina Puri’s current order book to RM2.7 billion, the company said in an exchange filing today. - Bloomberg

On Bursa website:

  • YB Senator Tan Sri Datuk Tee Hock Seng, JP, Group Managing Director of Bina Puri Holdings Bhd., would like to announce on behalf of the Board that we have accepted the letter of award in the name of UEMC – Bina Puri J.V. from Malaysia Airports Holdings Berhad on 16 July 2010 for the project known as “Works Package: TB01 – Design, Construction, Completion, Testing and Commissioning and Maintenance of Main Terminal Building, Satellite Building, Sky Bridge and Piers for Proposed Development of New LCC Terminal and Associated Works at KL International Airport, Sepang, Selangor” for a contract sum of RM997,227,000. With the award, the Group’s current book order stands at RM2.7 billion as at to date. The project is expected to be completed within twenty months. The total value of contracts secured in 2010 for Bina Puri Group is RM1.51 billion.
    The contract is expected to contribute positively to the earnings of Bina Puri Group for the financial year ending 31 December 2010.

    Please note that no directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above transaction.

This posting is in reference to the posting made earlier this month: Bina Puri Now Confirms It Has YET to Secure 1 Billion Contract But Expects To ... Soon!


profitmaker said...

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Moolah said...

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The Emperor said...

Bina Puri's share price soars 52% before announcement is made by o worries.