HSL consortium wins $185m contract for wastewater treatment plant in Malaysia

WCN Editorial Team 21 Mar 2016 ASIA ENERGY & UTILITIES

A consortium of Hock Seng Lee (HSL) has secured a contract worth MYR750m ($185.1m) for a wastewater treatment plant and the sewer network project in Kuching, Sarawak, Malaysia.

HSL said in a filing with the stock exchange that it owns 75% of the Kumpulan Nishimatsu Hock Seng Lee consortium.

The contract has been awarded by the state government of Sarawak through Jabatan Perkhidmatan Pembetungan Sarawak for the Kuching city central wastewater management system.

The scope of the contract will include the construction and commissioning of the plant, the main, secondary and tertiary lines, property connections, and the provision of the process plant and equipment.

The consortium will also be responsible for related building works, as well as mechanical and electrical works. The project is anticipated to be completed and commissioned in six years.

“The contract is expected to contribute positively to the earnings and net assets of HSL Group as the project progresses during the contract period. However, the transaction will not have any effect on the share capital and substantial shareholdings of HSL,” HSL said in a statement.

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