Proposed Upgrading Of Access Road to mukah From Sibu-bintulu Junction To Matadeng Junction, Mukah Division, Sarawak

BackAug 15, 2007
Further to our announcement dated 2nd July 2007 in respect of the Letter of Acceptance for the Proposed Upgrading of Access Road to Mukah from Sibu-Bintulu Junction to Matadeng Junction, Mukah Division, Sarawak for the contract sum of RM188 million, we are pleased to announce that the agreed contract sum shall be paid in kind and cash in the ratio of 44:56 meaning the payment shall comprise 44% in kind may include but not limited to by way of transferring or alienating land to us and the balance of 55% in cash payment.

Dated this 15th day of August 2007