Saturday, April 21, 2007

SPK-Sentosa subsidiary in Miri project

SPK-Sentosa subsidiary in Miri project

KUALA LUMPUR: SPK-Sentosa Corp Bhd said its subsidiary Rekayasa Industri Malaysia Sdn Bhd was part of a consortium that accepted a RM146mil contract from Petronas Carigali Sdn Bhd.

In a filing with Bursa Malaysia, SPK-Sentosa said the contract was for the procurement, construction and commissioning of the Miri crude oil terminal rejuvenation project phase 2. The other member of the consortium was Simfoni Temasek Sdn Bhd, it said.

The project is to start this month for completion within 21 months.

SPK-Sentosa expects the contract to contribute positively to its earnings for the financial year ending Dec 31, 2007. – Bernama

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