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.
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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 |