Company Name |
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| JAKS RESOURCES BERHAD |
Stock Name |
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| JAKS |
Date Announced |
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| 18/01/2013 |
Type |
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| Announcement | ||||||||||||
Subject |
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Description |
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Announcement Details/Table Section : Further to the Company's announcement on 9 November 2012, the Board of Directors of JRB wishes to inform that its wholly owned subsidiary, JAKS Sdn Bhd has received from KH Chew Architect (on behalf of MNH Global Assets Management Sdn Bhd) for the project at Ara Damansara, the revisions to the contract value of the following construction contracts. All other terms remains the same.
The downward revision to the contract value was due to the optimization of the design of the building work by the consultants for the Ara Damansara Project for cost savings.
The abovementioned contracts are expected to contribute positively to JRB Group's future earnings.
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