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BackJul 31, 2014
| Type | Announcement |
| Subject | OTHERS |
| Description | LETTER OF ACCEPTANCE IN RELATION TO THE CONTRACT FOR THE PROPOSED CONSTRUCTION AND COMPLETION OF THE DRAWBRIDGE CONNECTING MUARA NORTH AND MUARA SOUTH IN KUALA TERENGGANU CITY CENTRE FOR THE EAST COAST ECONOMIC REGION DEVELOPMENT COUNCIL |
Zelan Berhad (“Company”) would like to announce that its wholly owned subsidiary, Zelan Construction Sdn Bhd (“ZCSB”), has received a Letter of Acceptance from East Coast Economic Region Development Council (“ECERDC”), confirming ECERDC’s acceptance of the tender submitted by “Zelan – Hasrat Sedaya Consortium” for the Proposed Construction and Completion of the Drawbridge connecting Muara North and Muara South in Kuala Terengganu City Centre for the ECERDC (hereinafter referred to as the “Works”). The Contract Sum is Ringgit Malaysia Two Hundred Forty Eight Million Seven Hundred Twenty Eight Thousand Six Hundred Sixty (RM248,728,660.00) only. The contract duration is 135 weeks, commencing on the Date for Possession of the Site on 13 August 2014. The Date for Completion for whole of the Works is 14 March 2017. The project site is located between Muara North and Muara South, the two reclaimed areas on the north and south of the Terengganu River, Kuala Terengganu. The bridge to be constructed shall serve as a bridge link to connect the two abovementioned land areas and to create a strategic connection between the Kuala Terengganu city across the north and south of the Terengganu River, all the way to the Kuala Terengganu’s Sultan Mahmud Airport. The overall length of the bridge is 632m, with a width of 23m. The clear span of the drawbridge is 50m long. “Zelan – Hasrat Sedaya Consortium” consists of ZCSB which holds 70% participating interest and acts as the Lead Member, and Hasrat Sedaya Sdn Bhd which holds the remaining 30% participating interest. None of the directors and/or major shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the above contract. This Announcement is dated 31 July 2014. |
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Announcement Info
| Company Name | ZELAN BERHAD |
| Stock Name | ZELAN |
| Date Announced | 31 Jul 2014 |
| Category | General Announcement |
| Reference No | ZZ-140731-F47A5 |