General Announcement for PLC

18/08/2021

OTHERS PESTECH INTERNATIONAL BERHAD ("PESTECH" OR "THE COMPANY") ACCEPTANCE OF AWARD FOR THE CONTRACT ON 230KV UNDERGROUND TRANSMISSION LINE AND 22KV DISTRIBUTION LINE FROM ELECTRICITE DU CAMBODGE

PESTECH INTERNATIONAL BERHAD

Type Announcement
Subject OTHERS
Description 
PESTECH INTERNATIONAL BERHAD ("PESTECH" OR "THE COMPANY") ACCEPTANCE OF AWARD FOR THE CONTRACT ON 230KV UNDERGROUND TRANSMISSION LINE AND 22KV DISTRIBUTION LINE FROM ELECTRICITE DU CAMBODGE

We refer to the Company’s announcement dated 16 February 2021 in relation to the Notification of Award for the contract on 230kV underground transmission line and 22kV distribution line from Electricite Du Cambodge (“Project”) to the consortium of PESTECH Sdn. Bhd. (“PSB”) and Furukawa Electric Co., Ltd. (“Consortium”) (“Announcement”).

Unless otherwise defined, the abbreviations and definitions used in the Announcement shall apply herein.

The Board wishes to update that the Consortium had, on 17 August 2021, received the Letter of Acceptance (“LOA”) pursuant to the Project.  

EDC had, thus, accepted the value of the Project and the Contract Agreement between EDC and Consortium has been executed accordingly.

The completion date of the Project shall be 960 days from the commencement date to be determined later.

This announcement is dated 18 August 2021.



Announcement Info

Company Name PESTECH INTERNATIONAL BERHAD
Stock Name PESTECH
Date Announced 18 Aug 2021
Category General Announcement for PLC
Reference Number GA1-18082021-00078


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