Malaysia's Ahmad Zaki wins $220 mln construction contract

KUALA LUMPUR Wed Oct 3, 2012 8:57pm EDT

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KUALA LUMPUR Oct 4 (Reuters) - Malaysian construction firm Ahmad Zaki Resources Bhd won a 673 million ringgit ($220.11 million) contract to build a 50-storey hotel in the country's capital city, according to a filing to the local stock exchange late on Wednesday.

The contract, awarded by Malaysian state-owned fund management firm Permodalan Nasional Bhd, is expected to be completed by October 2017, Ahmad Zaki said in the filing. ($1 = 3.0575 Malaysian ringgit) (Reporting By Yantoultra Ngui; Editing by Siva Sithraputhran)

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