<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on December 28, 2018</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Sarawak-based infrastructure firm Hock Seng Lee Bhd (HSL) in a consortium with India’s Larsen &amp; Toubro Ltd (L&amp;T) and its associate Larsen &amp; Toubro (East Asia) Sdn Bhd has bagged a RM90.99 million contract from Sarawak Energy Bhd for a substation project in Kuching, Sarawak.</p></div>

<div class=newsTextDataWrapInner><p>HSL has a 45% stake in the consortium.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia yesterday, HSL said the scope of works for the group includes earth works, piling, civil infrastructure works, building and its related mechanical and electrical works of the Matang 275/132/33/kV substation project.</p></div>

<div class=newsTextDataWrapInner><p>The contract period for the completion and commissioning of the project is 32 months, commencing Jan 7, 2019.</p></div>

<div class=newsTextDataWrapInner><p>“The contract is expected to contribute positively to the group’s earnings and net assets as the project progresses during the contract period,” said HSL.</p></div>

<div class=newsTextDataWrapInner><p>“However, the transaction will not have any effect on the share capital and substantial shareholdings of HSL,” it added.</p></div>


KUALA LUMPUR: Sarawak-based infrastructure firm Hock Seng Lee Bhd (HSL) in a consortium with India’s Larsen & Toubro Ltd (L&T) and its associate Larsen & Toubro (East Asia) Sdn Bhd has bagged a RM90.99 million contract from Sarawak Energy Bhd for a substation project in Kuching, Saraw...

L&T-HSL consortium bags RM91m Kuching substation job

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