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HSS Engineers JV to provide management consultancy services for MRT3

HSS Engineers JV to provide management consultancy services for MRT3

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KUALA LUMPUR: HSS Engineers Bhd said a joint-venture (JV) between HSS Integrated Sdn Bhd (HSSI) and HSS Engineering Sdn Bhd (HSSE) has been appointed as the management consultancy services provider for the Mass Rapid Transit 3 (MRT3) Circle Line project valued at RM997.9 million.

HSS Engineers said the JV, between its associate company, HSSI, and its wholly-owned subsidiary, HSSE, have accepted the Letter of acceptance from MRT Lingkaran Sdn Bhd on Thursday.

The contract commenced yesterday for 11 years, it said in a filing to Bursa Malaysia.

ALSO READ: MRT Corp appoints PMC for MRT3 Circle Line project

The JV’s role is to manage the delivery of a fully designed, procured, constructed and integrated project to MRT Lingkaran.

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"The project is expected to contribute positively to the revenue, earnings and net assets of group for financial years ending Dec 31, 2022 to Dec 31, 2033," it noted.

Meanwhile, trading in the shares of HSS Engineers resumed at 10 am today after been halted for one hour, following the aforesaid announcement.

At 12 pm, HSS Engineers’ shares rose 1.0 sen to 50 sen, with 1.43 miliion units transacted. - Bernama


转载说明:本文转载自Sunbet。
  • USDT第三方支付(www.trc20.vip) @回复Ta

    2022-09-03 00:16:45 

    He also said that through Malaysia’s participation in the Regional Comprehensive Economic Partnership, the programme will facilitate a wider reach in the global market and hence bring great benefits to local businesses, especially the micro, small and medium enterprises. – Bernama, July 4, 2022.榜一就是你了

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