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KUALA LUMPUR (Nov 17): Kimlun Corp Bhd has secured a construction and maintenance contract worth RM780 million.
In a bourse filing, the firm said its unit Kimlun Sdn Bhd had been awarded the main works for construction and maintenance of the Sarawak-Sabah Link Road project (the Lawas-Long Lopeng junction) by Samling Resources Sdn Bhd.
It said the construction work is expected to be completed in the second quarter of 2025.
Kimlun said the project is expected to contribute positively to its earnings for the financial years during the contract period.
It added that year to date, construction projects and manufacturing orders it had secured are worth RM1 billion in total.
At the midday break on Wednesday (Nov 17), Kimlun had risen 2.35% or two sen to 87 sen, valuing it at RM307.44 million.
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