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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. ....

Kuala Lumpur , Hong Kong , Hong Kong International Airport , Hong Kong General , Chia Kok Teong , William Chan Ching Kee , Sungai Beluran , China Communications Construction Co , V Development Group , Rain International Sdn Bhd , Vivocom Intl Holdings Bhd , Hong Kong International Airport Three Runway System , Zhen Hua Engineering Co Ltd , Strain International , Group Co Ltd , Rain International Sdn , William Chan , Datuk Seri Chia Kok Teong , Main Board , Bursa Malaysia , குவாலா லம்பூர் , ஹாங் காங் , ஹாங் காங் சர்வதேச விமான , ஹாங் காங் ஜநரல் , வில்லியம் சான் சிங் கீ , சீனா தகவல்தொடர்புகள் கட்டுமானம் இணை ,

Vivocom's Group Game Changer – Multi-Billion Sand Project Secured


Aspires to be a major industry player ‘with exponential growth prospects’
KUALA LUMPUR, MALAYSIA – Media OutReach – 26 February 2021 – In a filing to Bursa Malaysia this evening, Vivocom Intl Holdings Berhad (‘Vivocom’) announced that V Development Group via one of its subsidiaries has secured a ‘massive win’ worth approximately USD934.7 million or the equivalent of RM3.79 billion.
Rain International Sdn Bhd (‘Rain International’) is a 97% owned subsidiary under the V Development Group which was recently merged into the Vivocom Group. The Company’s proposed acquisition of V Development Group had been recently approved by the relevant authorities.
Rain International is principally involved in the mineral trading and exportation business, supplying sand to its client mainly in Hong Kong and China for reclamation and construction works.  The Company had recently signed a contract for the supply of mar ....

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Vivocom secures RM3.8b sand supply contract

Vivocom secures RM3.8b sand supply contract
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Kuala Lumpur , Hong Kong , Hong Kong International Airport , Hong Kong General , Zhen Hua , Chia Kok Teong , William Chan Ching Kee , Sungai Beluran , China Communications Construction Co , V Development Group , Rain International Sdn Bhd , Vivocom Intl Holdings Bhd , Hong Kong International Airport Three Runway System , Zhen Hua Engineering Co Ltd , Strain International , Group Co Ltd , Rain International Sdn , William Chan , Datuk Seri Chia Kok Teong , Main Board , Bursa Malaysia , குவாலா லம்பூர் , ஹாங் காங் , ஹாங் காங் சர்வதேச விமான , ஜென் ஹுவா , வில்லியம் சான் சிங் கீ ,