KUALA LUMPUR (June 6): Kimlun Corporation Bhd (Kimlun) has bagged a construction job worth S$27 million (RM80.43 million) from M+W Singapore Pte Ltd.

Kimlun said its wholly-owned subsidiary SPC Industries Sdn Bhd has accepted a letter of award from M+W Singapore for the supply and delivery of pre-cast concrete building components for S$27 million.

The supply and delivery of the components will be completed by the end of December 2018, Kimlun said in a filing with Bursa Malaysia today.

Kimlun said it expects this award to contribute positively to its earnings and net assets for the financial year during the supply period.

At closing, Kimlun shares were unchanged at RM1.50, giving it a market capitalisation of RM480.94 million.