The Board of Directors of See Hup Consolidated Berhad announced that, SH Moment Builder Sdn. Bhd. ("SHM"), a 51%-owned subsidiary of the company, had, on 8 June 2021, accepted a Letter of Acceptance amounting to MYR 91,030,582.15 from China Communications Construction (ECRL) Sdn. Bhd., for the construction and completion of part of the subgrade works of Package 2, Section 4 for the East Coast Rail Link. The Project covers part of the subgrade works for the ECRL. The total contract value for the Project is MYR 91,030,582.15. The Project shall commence on 13 June 2021 and the duration of the Project is twenty- six (26) months from the commencement date. The Project will be funded via internally generated funds and/or external borrowings.