Benalec unit bags RM37m project

KUALA LUMPUR: Benalec Holdings Bhd's wholly-owned subsidiary Benalec Sdn Bhd has bag a job from Glenmarie Cove Development Sdn Bhd to undertake the proposed earthworks, river protection works and its associated works worth RM37,007,416.

In a filling to Bursa Malaysia on Monday, Mar 21, Benalec said that it received the Letter of Award dated Mar 18, 2011 from COMTRAC Sdn Bhd (the main contractor), issued on behalf of Glenmarie Cove for the project in Klang.

It said that the project is scheduled for completion within 14 months from the date of site possession, and is expected to contribute positively to the earnings and net assets to the Benalec Group.

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