Gadang Holdings Bhd has received a letter of award for the provision of
phase one site preparation work for the proposed refinery and
petrochemical integrated development (RAPID) project-Package 1.
In a filing to Bursa Malaysia today, Gadang said the total estimated provisional price for the contract was RM312.8 million.
In a filing to Bursa Malaysia today, Gadang said the total estimated provisional price for the contract was RM312.8 million.
It had then said the contract would start from the date of the letter of
award issued last Thursday (Oct 4) and it was expected to be completed
by Dec 31, 2013.
"The company does not foresee any exceptional risk other than the normal construction risk associated with the contract," it said.
Sources: Bernama News & The Star
