HSL gets RM126mil housing project

KUALA LUMPUR: Hock Seng Lee Bhd (HSL) has received a RM125.7mil subcontract from Pembinaan Nomisual Sdn Bhd for the construction and completion of 1,000 houses in Bintulu, Sarawak.

In a filing with Bursa Malaysia yesterday, HSL said the scope of works included the construction of the affordable houses, related external works as well as the mechanical and electrical works.

The project is expected to be completed by April 2012.

“The contract is expected to contribute positively to the earnings and net assets of HSL for the financial years ending 2009 to 2012,” HSL said.

By The Star