New contract for Bina Puri Group

KUALA SELANGOR: Bina Puri Holdings Bhd through its subsidiary, Sungai Long Industries Sdn Bhd has secured another major contract to undertake the pavement works and temporary road diversion at the Federal Route FT54 From Sungai Buloh to Assam Jawa, Kuala Selangor.

The new works was awarded by Aktif Unggul Sdn Bhd on 1 August 2017 with a total contract value of RM35.5 million and the works are expected to be completed within 31 thirty- one (31) months from the commencement date on 16 December 2017.

“Sungai Long Industries Sdn Bhd is not new in the industry, we have been in the road constructions and highway rehabilitations works since 1990, completing several major rehabilitations and resurfacing works in the country for instance at the PLUS Expressway, Cheras Kajang Expressway and others.

“We are actively involves in the government as well as the private works throughout Malaysia.

Indeed we are proud to be associated with this major project to facilitate the development of the region for the benefits of its people,” said Datuk Matthew Tee, Group executive director of Bina Puri Holdings Bhd.

The above works will involves pavement works and road diversion at chainage (CH) CH14+ 000 to CH24+700 ( Package 2) of the “Projek menaiktaraf Jalan Persekutuan FT54 dari Sungai Buloh to Assam Jawa, Kuala Selangor”.

Package 2 is part of RMKe 11, the RM453.5 million upgrading works for FT54 fromPersimpangan Desa Coalfields to Persimpangan Jalan Persekutuan 5 ( FT5) at Assam Jawa, Kuala Selangor.

The upgrading works is expected to reduce mass traffic congestion from Sungai Buloh to Ijok, Kuala Selangor.

Sungai Long Industries Sdn Bhd was incorporated on 31st May 1990 with core business of road constructions and highway rehabilitations works.

Among the major works completed including Third Lane Widening between Rawang to Tanjung Malim ( RM22 million), road to Kampung Berchang to Ringlet, Cameron Highlands ( RM13.8 million), upgrading and resurfacing of Jalan Pulau Indah, Klang (RM24.1 million) and pavement and rehabilitation works at Cheras-Kajang Expressway ( RM22 million).

With the latest award mentioned above, the Group’s unbuilt book order stands at RM1.5 billion as at to date.

The said project is expected to contribute positively to the net assets and earnings of Bina Puri Group for the financial year ending 31 December 2018 from the contract income in respect of progress payment received.

No directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above matter. — Bernama