MUDAJAYA Group Bhd via its unit, Mudajaya Corp Bhd, has accepted a letter of award from Tune Hotels Sdn Bhd for the design, construction and completion of a Low-Cost Hotel Building at the Low-Cost Carrier Terminal in Sepang for RM22.25 million.
In a filing to Bursa Malaysia, Mudajaya said it has commenced construction works. The project is expected to be completed by mid-February 2009.
It said the project is also expected to contribute positively to the earnings and net assets of the company for the financial years ending December 31, 2008 and 2009.
By New Straits Times
Wednesday, July 9, 2008
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