【SALCON 8567 交流专区】实康

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Type	Announcement
Subject	OTHERS
Description	Salcon Berhad ("Salcon" or "the Company")-        Letter of Award from the Employers, Messrs. 368 Segambut Sdn Bhd and JKG Central Park Sdn Bhd
Salcon is pleased to announce that Envitech Sdn Bhd, a 60%-owned subsidiary of Salcon Engineering Berhad, which in turn is a wholly-owned subsidiary of the Company, had on 16 December 2021 accepted the Letter of Award dated 15 December 2021 from the Employers, Messrs. 368 Segambut Sdn Bhd and JKG Central Park Sdn Bhd for the following project:- Project Date of Commencement Duration Date of Completion Contract Sum Cadangan Pembinaan Rangkaian Pembetung Bersepadu (berjumlah 31,449pe) bagi Pembangunan bercampur di atas Lot 4719, 80916 (sebelumnya Lot 4722), Lot 32661 dan Lot 54833, Jalan Segambut, Mukim Batu, Wilayah Persekutuan Kuala Lumpur untuk tetuan 368 Segambut Sdn Bhd dan Lot-lot 80941 (Lot Lama 1470), 2983, 80942 (Lot Lama 2984), 3680, 4397, 80943 (Lot Lama 38755), 46260, 46261 dan 46262, Jalan Segambut, Mukim Batu, Wilayah Persekutuan Kuala Lumpur untuk tetuan JKG Central Park Sdn Bhd External Common Gravity Sewer Mains (From MH-1 to existing MH-S11) (hereinafter referred as “the Project”) 20 December 2021 Twenty (20) months from Date of Commencement 19 August 2023 RM19,729,300.00(including Provisional Sum of RM850,000.00) The Project is a construction contract and has no option for renewal. EFFECTS ON FINANCIAL, ISSUED SHARE CAPITAL AND SUBSTANTIAL SHAREHOLDERS’ SHAREHOLDING The Project is expected to contribute positively towards the earnings and net assets of Salcon Group for the financial years ending 31 December 2022 and 31 December 2023. The Project will not have any effect on the share capital and substantial shareholders’ shareholding of the Company. RISK FACTORS Salcon does not foresee any exceptional risks other than execution risks associated with the Project. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM None of the directors and/or major shareholders of the Company, or persons connected with them have any interest, direct or indirect, in the Project.

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	SALCON BERHAD ("SALCON" OR "COMPANY") DISPOSAL OF 2 UNITS OF 3-STOREY SHOP OFFICE ERECTED ON 2 SEPARATE PIECES OF FREEHOLD LANDS LOCATED IN BANDAR PUTERI, 41200 KLANG, SELANGOR DARUL EHSAN AND ALL THAT PIECE OF FREEHOLD BUNGALOW LAND LOCATED IN MUKIM BERANANG, DAERAH ULU LANGAT, SELANGOR DARUL EHSAN TO LOW CHEE HAUR BY ENVITECH SDN BHD ("ENVITECH" OR "VENDOR"), A 60%-OWNED SUBSIDIARY OF SALCON ENGINEERING BERHAD ("SEB"), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF SALCON
Pursuant to Paragraphs 10.08(1) and 10.12 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Salcon wishes to announce that Envitech had on 17 December 2021 entered into 2 separate sale and purchase agreements (“SPA(s)”) with Low Chee Haur (“LCH” or “Purchaser”) for the sale of the properties. Please refer to the attachment for further details.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3219780

Attachments Salcon_Ann_Disposal of Properties by Envitech to Low Chee Haur_final.pdf

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Type	Announcement
Subject	OTHERS
Description	Salcon Berhad ("Salcon" or the "Company")- Letter of Acceptance from Pengurusan Aset Air Berhad
Salcon is pleased to announce that Salcon Engineering Berhad, a wholly-owned subsidiary of the Company, had on 23 September 2022 accepted the Letter of Acceptance dated 21 September 2022 issued by Pengurusan Aset Air Berhad (received by Salcon Engineering Berhad on 22 September 2022) for the following project (“Letter of Acceptance”):- Project Date of Possession Date of Commencement Duration Date of Completion Contract Sum Proposed Development of Langat 2 Water Treatment Plant and Water Reticulation System in Selangor Darul Ehsan/ Wilayah Persekutuan Kuala Lumpur ~ Pakej 3 – Cadangan Reka dan Bina Sistem Pelupusan Enapcemar Untuk Loji Rawatan Air Langat 2 (hereinafter referred as “the Project”) 4 October 2022 Upon the fulfilment of the conditions precedent to the commencement of the Project as stipulated in the Letter of Acceptance. 27 months 3 January 2025 RM209,950,000.00   The Project is a construction contract and has no option for renewal. The Project is expected to contribute positively towards the earnings and net assets of Salcon Group for the financial years ending 31 December 2023, 31 December 2024 and 31 December 2025. Salcon does not foresee any exceptional risks other than execution risks associated with the Project. The Project will not have any effect on the share capital and substantial shareholders’ shareholding of the Company. None of the directors and/or major shareholders of the Company, or persons connected with them have any interest, direct or indirect, in the Project. This announcement is dated 23 September 2022.