Tuesday, September 9, 2008

Punj Lloyd bags Rs167 cr order from Singapore firm

Mumbai, Sep 9 : Engineering, procurement and construction firm Punj Lloyd has bagged a contract worth Rs167 crore from a Singapore-based joint venture firm.
“The company’s Singapore subsidiary, Punj Lloyd Pte, has received the contract to carry out select utilities mechanical works in Jurong Island in that country,” Punj Lloyd said in a regulatory filing to the Bombay Stock Exchange.
“The contract has been awarded by Singapore’s FWP Joint Venture, a joint venture firm between Foster Wheeler Asia Pacific Pte Ltd and Worley Parsons Pte Ltd,” the filing added.
Shares of the company were trading at Rs309.60, up 0.29% in the afternoon trade on the BSE.

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