OTHERS Cypark Secures New Landfill Closure and Restoration Contract in Negeri Sembilan

CYPARK RESOURCES BERHAD

Type Announcement
Subject OTHERS
Description
Cypark Secures New Landfill Closure and Restoration Contract in Negeri Sembilan

The Board of Directors of Cypark Resources Berhad ("the Company" or "CRB") wishes to announce that the Company had on 11 September 2017 received a Letter of Award dated 8 September 2017 from Jabatan Pengurusan Sisa Pepejal Negara in respect of a contract for "Cadangan Merekabentuk, Membina dan Menyiapkan Projek Penutupan Selamat Tapak Pelupusan (TP) Sisa Pepejal Bukit Palong, Port Dickson, Negeri Sembilan" ("the Works"). The total contract value is RM16,960,000.00 (Ringgit Malaysia: Sixteen Million Nine Hundred and Sixty Thousand) only, inclusive of 6% Goods and Services tax.

 

The stipulated completion date of the project is on 14 November 2018, which is 60 weeks from the date of site possession on 20 September 2017.

 

The Works is expected to contribute positively to the earnings and net assets of CRB for the financial years ending 31 October 2017 and 31 October 2018.

 

The Works will further strengthen the Company's position as one of Malaysia's leading specialists in solid waste management and integrated environmental solution.

 

None of the Directors or Major Shareholders of CRB and persons connected with them has any interest, direct or indirect, in the Works.

 

This announcement is dated 11 September 2017.






Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 11 Sep 2017
Category General Announcement for PLC
Reference Number GA1-11092017-00049