In a filing with Bursa Malaysia, Country View said that the acquisition
KUALA LUMPUR: Hock Seng Lee Bhd (HSL) has secured a RM298.98mil construction project from the Sarawak Government to build the Batang Paloh bridge in Mukah division.
The construction company said on Wednesday the contract was part of the RM11bil allocation toupgrade the coastal road, second trunk road and water supply works in Sarawak.
“The scope of works for HSL is the construction of a 1.9km long reinforce concrete structure balanced cantilever bridge which include substantial marine piling works using 1,500mm diameter steel pipe pile,” it said.
The project will see existing ferry services at river crossings replaced with permanent bridges.
HSL managing director Datuk Paul Yu Chee Hoe said the outlook for the group was promising as the Batang Paloh Bridge project was bagged shortly after HSL won RM54.3mil worth of contracts from Sarawak Energy Bhd for earthworks, facilities and residences for the Balingian coal-fired power plant, also in Mukah.
Mukah is within the Sarawak Corridor of Renewable Energy area of central Sarawak.
The company added the contract period was 48 months and physical construction work was expected to start in May.
“The latest contract win has boosted our order book to a record RM3.2bil and of this, RM2.5bil is unbilled,” Yu said.
HSL share price was unchanged at RM1.43 at midday.
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