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FINWIRES

ES Sunlogy Unit Bags About MYR108 Million Industrial Project Works Deal

-- ES Sunlogy (KLSE:SUNLOGY) unit Savelite Engineering secured a subcontract worth 107.5 million ringgit from China State Construction Engineering (M), according to a Monday Malaysian bourse filing.

Shares gained about 2% in Tuesday's late morning trade.

The job covers supply, installation, testing and maintenance of air conditioning, ventilation, smoke control, electrical and ELV systems for an industrial project in Johor Bahru, Malaysia.

The contract runs from Feb. 18 to Nov. 30, and is expected to contribute positively to the company earnings, it said.

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