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Vivocom secures RM3 8b sand supply contract

Vivocom secures RM3.8b sand supply contract The Edge 26/2/2021 Justin Lim © Provided by The Edge KUALA LUMPUR (Feb 26): Vivocom Intl Holdings Bhd today announced a US$934.7 million (RM3.79 billion) sand contract awarded by the joint-venture contractor undertaking the main reclamation works for the Hong Kong International Airport Three Runway System project. In a statement, the group said the three-year contract was clinched by V Development Group which will soon merge with Vivocom via its 97%-owned subsidiary Rain International Sdn Bhd. Under the contract, Rain International is responsible for supplying sand to Zhen Hua Engineering Co Ltd-China Communications Construction Co Ltd-CCC Dredging (Group) Co Ltd (ZHEC-CCCC-CDC) joint venture.

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