Vizione wins RM815m Penang contract

KUALA LUMPUR: Vizione Holdings Bhd (VHB), via its 50:50 joint-venture Buildmarq- ue Construction Sdn Bhd, has bagged a RM815 million contract from Consortium Zenith Construction Sdn Bhd. VHB said the contract was for the construction of a by-pass in Penang that will connect Bandar Baru Ayer Itam to Lebuhraya Tun Dr Lim Chong Eu. It is expected to take 36 months. Buildmarque intends to finance the cost via internally-generated funds, bank borrowings and/or additional funds from shareholders.