• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


OTHERS Kimlun Corporation Berhad ("KIMLUN" or "the Company") - Award of Contract

KIMLUN CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
Kimlun Corporation Berhad ("KIMLUN" or "the Company") - Award of Contract

The Board of Directors of KIMLUN is pleased to announce that its wholly-owned subsidiary, Kimlun Sdn Bhd had accepted the award of two (2) contracts from Bandar Nusajaya Development Sdn Bhd pertaining to the construction of one (1) block of affordable apartment, 166 units of link houses, ancillary buildings and infrastructure, in the Mukim Pulai, Daerah Johor Bahru, Johor. The aggregate contract value of the two (2) contracts is Ringgit Malaysia Ninety-Five Million Four Hundred Thirteen Thousand Eight Hundred Twelve and Cents Thirteen Only (RM95,413,812.13).

 

The aforesaid projects are expected to be completed in the second quarter of 2025.

 

The projects are expected to contribute positively to the earnings and net assets of KIMLUN Group for the financial years during the contract period.

 

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the above contracts.

 

This announcement is dated 9 June 2023.






Announcement Info

Company Name KIMLUN CORPORATION BERHAD
Stock Name KIMLUN
Date Announced 09 Jun 2023
Category General Announcement for PLC
Reference Number GA1-09062023-00031



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X