Samado secures RM40.4mil job for Phase 1 works on Samalaju Port

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PETALING JAYA (Sept 30): Samado Sdn Bhd has been awarded a RM40.4 million contract to construct and complete Phase 1 of the Samalaju Port Development Project in Bintulu, Sarawak. 

In a filing to Bursa Malaysia, Bintulu Port Holdings Bhd said its wholly-owned subsidiary, Samalaju Industrial Port Sdn Bhd, has issued a letter of acceptance to Samado last Friday for the construction of the project's administration building and related works.   

The contract will be effective for 21 months following the date of Notice to Commence Works.

The filing also stated that a sum of RM8,850.30 (0.0219% of contract sum) per day shall be imposed as liquidated and ascertained damages if there is any delay in the delivery of works.