?The proposed project, if materialised, could provide Tan Chong Motor with opportunity to expand its foothold in the automotive industry in Vietnam,? the company said in a filing with Bursa Malaysia last Friday
KUALA LUMPUR: YFG Bhd has bagged a RM5.4mil contract from Premiumtel Sdn Bhd to install the electrical system and provide information and communication technology services for a 14-storey office block in Ipoh.
The project, awarded to its unit YFG Engineering Sdn Bhd, would start tomorrow and be completed in 16 months’ time, the Practice Note 17 company announced to Bursa Malaysia.
“We do not foresee any exceptional risk other than the normal operational risk associated with the project,” it added.
YFG said the project was expected to contribute positively to the group’s revenue and earnings for the financial year ending Sept 30, 2018. - Bernama
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