Barefoot Investor: Scomi Engineering to get SPNB’s RM494m monorail fleet expansion project

SCOMI ENGINEERING BHD's subsidiary has accepted the contract price of RM494 million from Syarikat Prasarana Negara Bhd (SPNB) for the monorail fleet expansion project.

Scomi Engineering said on Monday, Dec 6 it had received the letter from SPNB dated Dec 3 notifying it of “SPNB’s intent to award to Scomi Rail the contract to perform the project for a contract price of RM494 million, subject to Scomi Rail accepting the said contract price”.

It said Scomi Rail had accepted the contract price and according to the SPNB Notice, a formal letter of award would follow.( The Edge Online Malaysia written by Joseph Chin)


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