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NEW CONTRACT FOR BINA PURI GROUP
Thursday 14/09/2017
Bina Puri Subsidiary’s, Sungai Long Industries Sdn Bhd secured pavement works for the upgrading of Federal Route ‘FT 54’
KUALA SELANGOR, Sept 14 (Bernama) -- Bina Puri Holdings Bhd through its subsidiary, Sungai Long Industries Sdn Bhd has secured another major contract to undertake the pavement works and temporary road diversion at the Federal Route FT54 From Sungai Buloh to Assam Jawa, Kuala Selangor.
The new works was awarded by Aktif Unggul Sdn Bhd on 1 August 2017 with a total contract value of RM35.5 million and the works are expected to be completed within 31 thirty-one (31) months from the commencement date on 16 December 2017.
“Sungai Long Industries Sdn Bhd is not new in the industry, we have been in the road constructions and highway rehabilitations works since 1990, completing several major rehabilitations and resurfacing works in the country for instance at the PLUS Expressway, Cheras Kajang Expressway and others. We are actively involves in the government as well as the private works throughout Malaysia. Indeed we are proud to be associated with this major project to facilitate the development of the region for the benefits of its people” said Datuk Matthew Tee, Group Executive Director of Bina Puri Holdings Bhd.
The above works will involves pavement works and road diversion at chainage (CH) CH14+000 to CH24+700 (Package 2) of the “Projek menaiktaraf Jalan Persekutuan FT54 dari Sungai Buloh to Assam Jawa, Kuala Selangor”.
Package 2 is part of RMKe 11, the RM453.5 million upgrading works for FT54 from Persimpangan Desa Coalfields to Persimpangan Jalan Persekutuan 5 (FT5) at Assam Jawa, Kuala Selangor. The upgrading works is expected to reduce mass traffic congestion from Sungai Buloh to Ijok, Kuala Selangor.
Sungai Long Industries Sdn Bhd was incorporated on 31st May 1990 with core business of road constructions and highway rehabilitations works. Among the major works completed including Third Lane Widening between Rawang to Tanjung Malim (RM22 million), road to Kampung Berchang to Ringlet, Cameron Highlands (RM13.8 million), upgrading and resurfacing of Jalan Pulau Indah, Klang (RM24.1 million) and pavement and rehabilitation works at Cheras-Kajang Expressway (RM22 million).
With the latest award mentioned above, the Group’s unbuilt book order stands at RM1.5 billion as at to date. The said project is expected to contribute positively to the net assets and earnings of Bina Puri Group for the financial year ending 31 December 2018 from the contract income in respect of progress payment received.
No directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above matter.
About Bina Puri
Bina Puri Holdings Bhd is a public listed company on the Main Board of Bursa Malaysia with 42 years of work experience in civil and building construction both locally and internationally. The Group’s diverse business activities include investment holdings, civil and building engineering management, property development, highway concession, quarry operations, manufacturing of construction materials, polyurethane system house, utilities and hospitality management.
Bina Puri has successfully completed projects such as roads and highways, bridges and interchanges, waterworks, land reclamation works, residential and commercial buildings, hotels, hospitals, airports and government complexes. The group has international presence in that it has undertaken projects in Cambodia, China, Brunei Darussalam, United Arabs Emirates, Saudi Arabia, Pakistan, India, Indonesia and Thailand.
Bina Puri’s notable list of investment portfolios includes the 33km toll highway linking KL-Kuala Selangor Expressway, the Main Place Residence and Mall at USJ 21, and power plants including hydro power plant in Indonesia.
Source : Bina Puri Holdings Bhd
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Surati Sujor
Email : surati@binapuri.com.my
Tel. : 03-6136 3333/013 2660207
Fax : 03-6136 9999
--BERNAMA
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