Friday 19 Apr 2024
By
main news image

KUALA LUMPUR (Feb 4): Malaysia Airports Holdings Bhd (MAHB) said the UEMC-Bina Puri joint venture has received the certificate of practical completion (CPC) for the klia2 terminal building on Feb 2.

"The effective date of the CPC is Jan 26, 2015, and the defects liability period will commence on Jan 27, 2015 and expire on Jan 26, 2017," said the airport operator in a filing to Bursa Malaysia.

UEMC-Bina Puri is the main contractor for the klia2’s main terminal building, as well as satellite building and associated works.

With the receipt of the CPC, the klia2 terminal building can now be officially handed over to MAHB (fundamental: 0.5; valuation: 0.6) for management.

MAHB shares closed unchanged at RM7.16, with a market capitalisation of RM9.86 billion.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

      Print
      Text Size
      Share