Vivocom units clinch RM37m deals
Published on: Friday, June 24, 2016
Kuala Lumpur: Vivocom Intl Holdings Bhd units have clinched two contracts worth RM37.8 million which will further enhance its already strong earnings and net assets to-date. In a statement Thursday, Vivocom said its construction arm, Vivocom Enterprise Sdn Bhd, today received and accepted a Letter of Award (LOA) for a RM25 million construction project from Kiara 5 Development Sdn Bhd to be a turnkey contractor for the construction of a block of 19 units of low-density apartments at Kampung Kayu Ara, Selangor.Stay up-to-date by following Daily Express’s Telegram channel.
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Vivocom said its manufacturing unit, Neata Aluminium (M) Sdn Bhd, has received and accepted a LOA amounting to RM12.8 million from Lim Hoo Seng Construction Sdn Bhd.
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"The LOA involves the design, fabrication, supply, delivery and installation of aluminium and glazing works for a 41-storey serviced apartment block located at Lorong Stonor here," it said. Its Executive Director, Choo Seng Choon, said with the latest contract wins, Vivocom has proven yet again its ability to secure projects, both large and small. – Bernama