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Thursday, March 27, 2014

Kimlun secures RM53.43m Singapore MRT project

Source: http://www.thestar.com.my/Business/Business-News/2014/03/26/Kimlun-secures-RM53m-Singapore-MRT-project/

KUALA LUMPUR: Kimlun Corporation Bhd has bagged a S$20.52mil (RM53.43mil) contract to supply precast concrete segments for Singapore's Mass Rapid Transit system.

Kimlun said its unit SPC Industries Sdn Bhd had accepted the letter of award fromShanghai Tunnel Engineering Co. Ltd to supply the products for the Thomson Line of the MRT system over 36 months.

"The supply contract is expected to contribute positively to the earnings and net assets to Kimlun Group for the financial years during the supply period," it said.

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