MECOM Power and Construction : VOLUNTARY ANNOUNCEMENT - SUCCESSFUL TENDER AND AWARD OF PROJECT
May 04, 2021 at 10:11 am
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
MECOM POWER AND CONSTRUCTION LIMITED
澳 能 建 設 控 股 有 限 公 司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1183)
VOLUNTARY ANNOUNCEMENT
SUCCESSFUL TENDER AND AWARD OF PROJECT
This is a voluntary announcement made by the Company to provide the shareholders and potential investors of the Company an update on the latest business development of the Group.
The Board is pleased to announce that the Group has successfully tendered for a project for construction and fitting out works in Macau recently and a summary of the awarded project is set out below:
Tender
Awarded
Successful tenderer
award date
Scope of work
contract value
(Note)
EHY
23 April 2021
Supply and installation of
HKD85,000,000
metal doors for
(equivalent to
a new hotel complex
approximately
MOP87,550,000)
Note: Subject to any variation orders as may be requested by the customer from time to time.
The Board wishes to state that no forecast or prediction of the profits of the Group has been made with regard to the award of the above project.
Shareholders and potential investors of the Company should exercise caution when dealing in the shares of the Company.
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DEFINITIONS
The following terms have the following meanings in this announcement unless the context otherwise requires:
"Board"
"Company"
the board of Directors of the Company
MECOM Power and Construction Limited, an exempted company incorporated in the Cayman Islands with limited liability, the issued shares of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code: 1183)
"Director(s)"
"EHY"
"Group"
"HKD"
"Macau"
"MOP"
the director(s) of the Company
EHY Construction and Engineering Company Limited, an indirect wholly- owned subsidiary of the Company
the Company and its subsidiaries
Hong Kong dollar, the lawful currency of Hong Kong
the Macau Special Administrative Region of the People's Republic of China
Macanese pataca, the lawful currency of Macau
In this announcement, the exchange rate of HKD1 = MOP1.03 has been adopted for currency translation, where applicable. Such exchange rate is used for illustrative purpose only and does not constitute any representation that any amount in HKD or MOP has been, could have been or may be converted at such a rate or any other rate.
By Order of the Board
MECOM Power and Construction Limited
Kuok Lam Sek
Chairman
Hong Kong, 4 May 2021
As at the date of this announcement, the executive Directors are Mr. Kuok Lam Sek and Mr. Sou Kun Tou, and the independent non-executive Directors are Ms. Chan Po Yi, Patsy, Mr. Cheung Kiu Cho, Vincent and Mr. Lio Weng Tong.
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MECOM Power and Construction Ltd. published this content on 04 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2021 09:10:09 UTC.
MECOM Power and Construction Limited is an investment holding company mainly engaged in the construction engineering business. The Company principally engage in the provision of structural steelworks, civil engineering construction, and fitting out and renovation works; high voltage power substation construction and its system installation works; and facilities management, alteration and maintenance works and services. The structural steelworks services generally involve the provision of customised and target-oriented steel structure erection services which generally consist of structural steelworks, concreting and builder works. The civil engineering construction services generally involve demolition works, ground investigation field works, site formation works, foundation works, substructures and superstructures, roads and drainage. The fitting out and renovation works generally involve the provision of alteration, renovation and upgrading works.