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Daewoo Engr wins US$190m hotel contract Posted: 13 Jun 2011 06:21 PM PDT Daewoo Engineering & Construction Co said it received an order from Malaysia's One IFC Residence Sdn Bhd for about US$190 million to build a hotel in Kuala Lumpur. Construction of the 48-floor building will take 42 months to be completed, the Seoul-based company said today in an e-mailed statement. -- Bloomberg |
Samsung deal lifts Alam Maritim shares Posted: 13 Jun 2011 06:26 PM PDT Alam Maritim Resources Bhd, a Malaysian oil and has services provider, rose to a one-month high in Kuala Lumpur trading after winning an US$18 million order from the local arm of Samsung Engineering Co Ltd. The stock gained 2.8 per cent to RM1.11 at 9:18 a.m. local time, set for its highest close since May 19. -- Bloomberg |
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