BINA PURI AWARDED CONTRACTS TO OPERATE TWO UNITS OF POWER PLANTS IN INDONESIA

By Amanina Mohamad Yusof

KUALA LUMPUR, June 1 (Bernama) -- Bina Puri Holdings Bhd has been awarded
contracts to operate two units of two Megawatts (MW) power plants in Indonesia
through its 80 per cent subsidiary, PT. Megapower Makmur.

Bina Puri will operate one power plant in Wilayah Bangka Belitung for three
years and the other in Kepulauan Riau for one year.

The power plants are expected to be operational in July and will contribute
a total of RM6.59 million (US$2.196 million) in revenue.

Managing director Tee Hock Seng said the group is tendering for more
diesel generated power plants in Indonesia.

"We also plan to bid for a hydro plant in Indonesia in the third quarter of
this year," he told Bernama.

Meanwhile, in a statement, Tee said the projects are in line with the
group's strategy to enlarge its earnings base with recurring income to
complement its core business, which is construction.

"These two power plants are expected to contribute positively to our
financial performance from FY2011 onwards," he added.

With the new power plants, Bina Puri will be operating a total of five units
of 2MW power plants in Indonesia.

Bina Puri is an established construction player with more than 35 years of
experience, mainly in civil engineering and building works.