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BRIEF-Jack-In Group Wins Paramount Property Project In Malaysia

Published 19/08/2019, 08:36 pm
© Reuters.  BRIEF-Jack-In Group Wins Paramount Property Project In Malaysia
JIP
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Aug 19 (Reuters) - Jack-In Group Ltd JIP.AX :

* JACK-IN GROUP WINS PARAMOUNT PROPERTY PROJECT IN MALAYSIA

* SECURED CONTRACT PACKAGE WORKS FOR MIXED DEVELOPMENT PROJECT IN STATE OF PULAU PINANG, MALAYSIA AT A CONTRACT VALUE OF 18.9 MILLION RGT

* PROJECT EXPECTED TO GENERATE REVENUE OF 18.9 MILLION RGT AND GROSS PROFIT OF ABOUT 945,000 RGT TOWARDS JIP FOR FY ENDING MARCH 2020

* CO, VIA UNIT JACK‐IN PILE (M) SDN BHD, HAS ACCEPTED LETTER OF AWARD TO UNDERTAKE PILING AND PILE CAP WORKS FOR THE PROJECT

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