<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 15): Iris Corp Bhd has bagged a RM28.51 million contract from the Education Ministry to build and renovate classrooms and extension blocks in seven schools in Sarawak.</p></div>

<div class=newsTextDataWrapInner><p>The schools are SK Kalok Pusa-Betong, SK Kampung Tanam-Mukah, SK Pinang-Kota Semarahan, SK Pulau Seduku-Seri Aman, SMK Sebuyau-Simunian, (vi) SK Niup- Kota Samarahan and SK Sungai Ladong-Kota Samarahan.</p></div>

<div class=newsTextDataWrapInner><p>In a statement today, Iris said it has received a letter of award dated April 14 to undertake the proposed construction and renovation works.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Under the project, Iris is to provide a performance bond for the due performance of the contract for the value of 5% of the contract price.</p></div>

<div class=newsTextDataWrapInner><p>Iris said the project will be funded by internal funds.</p></div>

<div class=newsTextDataWrapInner><p>"The completion of the project under the proposed formal contract shall be May 26, 2016 (for a term of five weeks)," it said.</p></div>

<div class=newsTextDataWrapInner><p>"The revenue from the project is expected to contribute positively to the earnings for group for the next financial quarter on June 30, 2016," it added.</p></div>

<div class=newsTextDataWrapInner><p>Iris shares closed unchanged at 15.5 sen today, for a market capitalisation of RM320.16 million.</p></div>


KUALA LUMPUR (April 15): Iris Corp Bhd has bagged a RM28.51 million contract from the Education Ministry to build and renovate classrooms and extension blocks in seven schools in Sarawak.

The schools are SK Kalok Pusa-Betong, SK Kampung Tanam-Mukah, SK Pinang-Kota Semarahan, SK Pulau Se...

Iris Corp bags RM28.51m contract from Education Ministry

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