Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.

HSS Engineers associate to provide consultancy services for ECRL new railway scheme

TheEdge Thu, Jul 11, 2019 11:22pm - 4 months ago


KUALA LUMPUR (July 11): HSS Engineers Bhd’s (HEB) associate company, HSS Integrated Sdn Bhd (HSSI), has accepted an RM4.95 million contract from China Communications Construction (ECRL) Sdn Bhd (CCC) to provide consultancy services for the New Railway Scheme and Scheme Design Study for the East Coast Rail Link (ECRL).

In a filing with Bursa Malaysia today, HEB said HSSI had accepted the Letter of Appointment dated July 8, 2019 from CCC.

It said the contract had commenced from the second quarter of  2019 and was expected to complete within the third quarter of 2020.

“Pursuant to the exclusive teaming arrangement between HSSI and HSS Engineering Sdn Bhd (HSSE), a wholly-owned subsidiary of HEB, HSSI and HSSE will be collaborating exclusively to execute and complete the contract.

“The contract is expected to contribute positively to the revenue, earnings and net assets of HEB Group for the financial years ending Dec 31, 2019 and Dec 31, 2020,” it said.








Related Stocks

BURSA 6.050
HSSEB 0.845

Comments

Login to comment.