The Board of Directors of Hock Seng Lee Berhad announced that HSL has, on 17 March 2020, received a Letter of Acceptance from Yayasan Sarawak, a statutory body of the Sarawak State Government, for a project known as the Construction and Completion of the Proposed Leadership Training Institute for Sarawak Civil Service on Lot 3755 & 3759, Block 9, Salak Land District, Jalan Sultan Tengah, Petrajaya, Kuching, Sarawak (Phase 1) with a contract value of MYR 130,698,000.00 through an open tender exercise. The scope of works for HSL includes infrastructure works, pilling, administrative building and accommodation blocks and the related mechanical and engineering works. The contract period is 27 months and physical construction work is expected to commence in April 2021. The Contract is expected to contribute positively to the earnings and net assets of HSL Group as the Project progresses during the contract period.