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Vizione unit bags RM116mil hotel construction job in Langkawi
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Quick take: Vizione shares up on RM801mil contracts
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The construction engineering group said the contracts were awarded to its wholly-owned subsidiary Vizione Builder Sdn Bhd.
They included a RM405 million design and build contract, which includes detailed structural infrastructure, mechanical and electrical as well as construction works in Puchong, from Esplanade Parkcity Sdn Bhd.
The duration to complete the project is 40 months, Vizione said in a filing with Bursa Malaysia.
It said the second contract worth RM350 million was awarded by Greenwood Development Sdn Bhd for foundation and substructure work and main building work in Pekan Klebang, Melaka, to be completed in 31 months.
The third contract worth RM46 million is for the construction of 1,107 single-storey terrace houses in Batu Gajah, Perak from LCL M&E Engineering Sdn Bhd, with a duration of 42 months.
KUALA LUMPUR (March 10): Based on corporate announcements and news flow today, companies in focus on Thursday (March 11) may include Press Metal Aluminium Holdings Bhd, MNC Wireless Bhd, Genetec Technology Bhd, Hartalega Holdings Bhd, Alcom Group Bhd, UMW Holdings Bhd, Malaysia Airports Holdings Bhd, Censof Holdings Bhd, UEM Sunrise Bhd, Bermaz Auto Bhd, Chin Hin Group Property Bhd, Vizione Holdings Bhd and SEG International Bhd.
Press Metal Aluminium Holdings Bhd has proposed to undertake a bonus issue of 4.04 billion new ordinary shares on the basis of one bonus share for every one existing share held on an entitlement date to be announced later. The group said the bonus issue is in line with the group s objective of rewarding its shareholders, apart from cash dividends.