ZECON received Letter of Acceptance…

ZECON received Letter of Acceptance For The Proposed RM182,000,000 Project In Design, Construction, Equipping, Commissioning & Maintenance of Faculty of Medicine & Health Science (FMHS) and Institute of Health & Community Medicine (IHCM) for The Universiti Malaysia Sarawak (UNIMAS).

The Board of Directors of ZECON on 12 October 2009 announced that the Company had today, received a letter dated 08 October 2009,from Universiti Malaysia Sarawak (“UNIMAS”), informing that UNIMAS has accepted the Company’s offer for The Proposed Design, Construction, Equipping, Commissioning & Maintenance of Faculty of Medicine & Health Science (FMHS) and Institute of Health & Community Medicine (IHCM) for The Universiti Malaysia Sarawak (UNIMAS), Kota Samarahan, Sarawak (“the Project”) for a sum of RM182,000,000.00.

The duration for the Project is 30 months from the date of possession of the site which has been scheduled on 26 October 2009. The defects liability period for this Project is 24 months.