Kelington Group Bhd has won a RM148 million (US$45.9 million) contract to provide high purity mechanical and electrical services and medical system for Kang Hui Maternity Centre Services (Shanghai) Co Ltd in Shanghai, China. Kang Hui Maternity Centre is a subsidiary of Singapore-listed International Healthway Corp L
Kelington Group Bhd has won a RM148 million (US$45.9 million) contract to provide high purity mechanical and electrical services and medical system for Kang Hui Maternity Centre Services (Shanghai) Co Ltd in Shanghai, China.
Kang Hui Maternity Centre is a subsidiary of Singapore-listed International Healthway Corp Ltd.
The contract is targeted to begin in December 2013 and is expected to be completed by October 2014.
It is expected to contribute positively to the group's earnings and net assets for the financial year ending Dec 31, 2014.
The final acceptance of the award is subject to the approval of banking facilities by a financial institution.