Sarawak Cable bags RM55.9m job

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: Sarawak Cable Bhd has clinched a con­tract worth RM55.9 mil­lion by Te­naga Na­sional Bhd (TNB).

In a fil­ing with Bursa Malaysia yes­ter­day, the com­pany said its wholly-owned sub­sidiary Tren­ergy In­fra­struc­ture Sdn Bhd had re­ceived a let­ter of ac­cep­tance from TNB for the pro­posed 500kV double-cir­cuit trans­mis­sion line from Point Z to Point M (Bor­der Pa­hang/ Se­lan­gor) and pro­posed 275kV double-cir­cuit trans­mis­sion line from Point Z to Point M (Bor­der Pa­hang/Se­lan­gor).

The project is ex­pected to con­trib­ute pos­i­tively to the earn­ings and net as­sets of the Sarawak Cable Group for the fi­nan­cial years end­ing 2017 and 2018.

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