Vestland Secures RM135 Mln Contract From Golden Armani

KUALA LUMPUR, June 26 (Bernama) -- Vestland Bhd’s wholly owned subsidiary Vestland Resources Sdn Bhd (VRSB) had accepted a letter of award from Golden Armani Sdn Bhd (GASB) to undertake the superstructure works for a contract sum of RM135 million. 

Vestland said in a filing with Bursa Malaysia today that the superstructure works comprised a block of nine-storey stratified factory and related facilities in Klang. 

Vestland, which is primarily involved in the construction of residential and non-residential buildings through VRSB, said the scope of works to be carried out under the contract involved the design, approval, construction, completion, testing and commissioning of the superstructure works.

“Completion of the contract works shall be 36 months from the commencement date, which will be notified later by GASB,” it added. 

Vestland said the contract is expected to contribute positively towards the earnings and net assets of the group for the duration of the contract.

-- BERNAMA