Fajarbaru Builder Receives Letter Of Acceptance For RM36.469 Million Contract

10/22/2010 — New Starits Times
Fajarbaru Builder Group (FBG) announced that its wholly-owned Fajarbaru Builder Sdn Bhd (FBSB) has received a letter of acceptance for a RM36.469 million contract from the East Coast Economic Region Development Council (ECERDC).
The contract is for the proposed construction and completion of earthworks and infrastructure works for Phase 1 of the Pasir Mas Halal Park in Gual Tambun, Mukim Apam, Daerah Gual Periok in Pasir Mas, Kelantan.
The construction period is for 15 months, commencing from the date of possession on Nov 1, 2010, the group said in a filing to Bursa Malaysia Thursday.
It said the contract was expected to contribute positively to the earnings and net assets of the FBG group for the financial year ending June 30, 2011 and June 30, 2012.