ROHAS

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OTHERS AWARD OF CONTRACT

ROHAS TECNIC BERHAD

Type Announcement
Subject OTHERS
Description
AWARD OF CONTRACT

Rohas Tecnic Berhad (“RTB” or the “Company”) is pleased to announce that RBC Water Sdn Bhd (“RBC”), a wholly-owned subsidiary of Rohas-Euco Industries Bhd, which in turn is a wholly-owned subsidiary of the Company, had on 20 January 2020 accepted a letter of award from Phu My Vinh Construction and Investment Corporation (“PMV”) for the Engineering, Procurement, Construction and Commissioning of Hoa Khanh Tay Water Supply System – Phase 2 (“Contract”).

 

The value of the Contract is VND332,000,000,000 or approximately RM58.4 million and the duration of the Contract is expected to be 24 months.

 

The Contract consists of:

1) The design and installation of transmission main and secondary pipelines to Duc Hoa and north of Ben Luc districts; and

 

2) The expansion of Hoa Khanh Tay (“HKT”) water treatment plant capacity from 40 Million Litres Per Day (“MLD”) to 80MLD.

 

The Contract will have a positive impact on the RTB Group’s results for the year ending 31 December 2020 and in the future.

 

None of the directors, major shareholders and/or persons connected with them have any interest, whether direct or indirect, in the Contract, except for common directorship that Mr Wong Mun Keong is a director of RTB and PMV. 

 

This announcement is dated 21 January 2020.

 






Announcement Info

Company Name ROHAS TECNIC BERHAD
Stock Name ROHAS
Date Announced 21 Jan 2020
Category General Announcement for PLC
Reference Number GA1-20012020-00079