HSS invited to submit proposal for bridge project

PETALING JAYA: HSS Engineers Bhd’s associate company HSS Integrated Sdn Bhd has been invited by the Federal Territories Ministry to submit its proposal for the provision of consultancy services for the execution of the Labuan-Menumbok Bridge Link feasibility study, which has a ceiling contract value of RM14.31 million.
The group said in a Bursa Malaysia filing that in the event of the appointment of HSS Integrated as project consultant for the job, HSS Integrated and another wholly owned subsidiary of the group, HSS Engineering Sdn Bhd, will collaborate to exclusively execute and complete the contract.
The contract is expected to contribute positively to the revenue and earnings of the group for the financial years ending Dec 31 ,2018 and Dec 31, 2019.
HSS Engineers shares gained 1.92% to close at RM1.59 with some 1.39 million shares traded.