KUALA LUMPUR (Aug 14): Cypark Resources Bhd has bagged a contract worth RM12.53 million from the Department of National Solid Waste Management to design and build the access road to the integrated sanitary landfill site at Ladang Tanah Merah, Negeri Sembilan.

The project is to be completed by Aug 25 next year, which is 12 months from the date of site possession on Aug 26 this year, said Cypark in a filing with Bursa Malaysia.

The group said the contract is expected to contribute positively to the group’s earnings and net assets for the financial years ending Oct 31, 2019 and Oct 31, 2020.

Shares of Cypark closed two sen or 1.5% higher at RM1.35 today, valuing the group at RM631.05 million.