<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 22): Bintai Kinden Corp Bhd has bagged a S$39.6 million (RM122.1 million) contract from Singapore's Land Transport Authority (LTA) to undertake mechanical services work for the four-in-one rail and bus depot in Singapore.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, Bintai Kinden said its 69.82%-owned subsidiary Bintai Kindenko Pte Ltd had yesterday accepted a letter of award from the LTA to undertake the mechanical work for the supply and installation of the environmental control system for the depot.</p></div>

<div class=newsTextDataWrapInner><p>"No major risk is foreseeable on the contract, except for the possibility of long construction period that will over stretch the preliminary costing, but this can be mitigated with close monitoring of status and planning on manpower required," it added.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The contract is non-renewable, with completion estimated by 2024.</p></div>

<div class=newsTextDataWrapInner><p>"The contract is expected to contribute positively towards the group's future earnings," said Bintai Kinden.</p></div>

<div class=newsTextDataWrapInner><p>Bintai Kinden shares settled 2.5% lower at 20 sen per share today, for a market capitalisation of RM56.08 million.</p></div>


KUALA LUMPUR (June 22): Bintai Kinden Corp Bhd has bagged a S$39.6 million (RM122.1 million) contract from Singapore's Land Transport Authority (LTA) to undertake mechanical services work for the four-in-one rail and bus depot in Singapore.

In a filing with Bursa Malaysia today, Bintai ...

Bintai Kinden bags RM122m construction job from Singapore's LTA

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