Seacera Group Bhd has accepted a Letter of Award from Koridor Padu Sdn Bhd for sub-contract works for the construction and completion of Rubber Research Institute of Malaya’s Centre of Excellence in Sungei Buloh, Selangor for RM216 million.
In a filing to Bursa Malaysia today, Seacera said, the contract was for a period of 24 months and was expected to be completed by October 2019.
“The contract is expected to contribute positively towards group’s earnings and net assets for the financial year ending Dec 31, 2018 and beyond,” it said.