Sino wins US$28.6 mln China contract

Sino Construction Limited today said its subsidiary, Daqing City Dazheng Building Installation, has been awarded a contract worth RMB202 million (US$29 million) by Daqing Hi-Tech City Construction Investment Development.

The contract is for the construction of Daqing Service Outsourcing Industrial Park - Phase Two.
The work is expected to start in June 2008 and be completed in December 2008.

Sino said the contract is expected to contribute positively to the group's earnings per share or net tangible assets per share for the current financial year ending December 31, 2008.

BT newsroom