BUSINESS › NEWS






ML Global Unit Yes To RM78 Mln Contract From LCB


Last update: 07/12/2017

KUALA LUMPUR, Dec 7 (Bernama) -- ML Global Bhd's wholly-owned unit, MITC Engineering Sdn Bhd (MITCE), has accepted a letter of award from LCB Management Sdn Bhd (LCB) as a works contractor for the proposed development of a block of 24-storey apartments for approximately RM78.05 million.

In a filing to Bursa Malaysia today, it said, the development comprised 359-unit apartments together with one level podium facilities, four levels of podium car park and one level of semi-basement car park at Bandar Sunway, Petaling Jaya.

LCB, the appointed managing contractor was instructed by the developer, Wonderful Insights Sdn Bhd, to award the construction and completion of the above-mentioned works to MITCE, it said.

"The construction and completion of the contract will take 24 months and is scheduled to commence in December 2017 and is expected to be completed in December 2019," it said.

ML Global said the contract would increase and enhance the existing order book of the company and its group of companies.....