The opening of the MRT will hopefully encourage the public to opt for public transport over driving their cars to get to their destinations
KUALA LUMPUR: Xin Hwa Holdings Bhd
’s unit, Xin Hwa Trading & Transport Sdn Bhd, has secured RM13.7mil worth of contracts relating to the construction of the Mass Rapid Transit Route 2 (Sungai Buloh-Serdang-Putrajaya).
In a filing with Bursa Malaysia on Friday, Xin Hwa said the wholly-owned subsidiary received six letters of award from BBSB Holdings Sdn Bhd, Bridgex Sdn Bhd and SPC Industries Sdn Bhd.
The logistics service provider said the contracts, which would run until December 2019, involved the delivery and transport of pre-cast segmental box girders and crossbeams to various project sites.
“The contracts’ actual value would depend on the total tonnage of precast structures delivered during the period, calculated at a predetermined unit rate,” it said.
It said the contracts were expected to contribute positively towards the group’s earnings for the financial year ending March 31, 2018.
Managing director, Ng Aik Chuan, said the awards were a strong endorsement of the company’s expertise and capability in transporting pre-cast structures in Malaysia and Singapore for the past 10 years.
“The company is exploring a few more opportunities and hope to clinch more such contracts in the near future,” he said.
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