KUALA LUMPUR (Oct 31): Vizione Holdings Bhd has bagged a RM401 million contract to build four blocks of office suites in Jalan Sunway Semenyih, Ulu Langat, Selangor.

In a filing with Bursa Malaysia yesterday, Vizione said its wholly-owned subsidiary, Wira Syukur (M) Sdn Bhd, has accepted a letter of award from Paragon Hemisphere Sdn Bhd for the proposed project.

“The award covers two phases whereby Phase 1 is to construct two blocks of office suites, namely Block A (40-storey) and Block B (34-storey). Phase 2 of the project is to construct another two blocks of office suites, namely Block C (42-storey) and Block D (36-storey),” it added.

Phase 1 of the proposed project will take 36 months to complete, while construction work on Phase 2 will begin on May 1, 2018.

Vizione shares closed up 0.5 sen or 3.13% at 16.5 sen yesterday, giving it a market capitalisation of RM583.85 million.

This article first appeared in The Edge Financial Daily, on Oct 31, 2017.

For more stories, download EdgeProp.my pullout here for free.

SHARE
SPONSORED CONTENT
Permata Gemma—premium, low-density, future-ready landed homes in Gombak’s exclusive hillside precinct

All the boxes are ticked: freehold, low-density, future-oriented multi-generational landed residences with a prime address, nestled in a spacious and serene hillside sanctuary.

read more
RELATED POSTS
  1. Handle Kampung Sungai Baru redevelopment carefully, prioritise interests of Malays, says Sultan of Selangor
  2. Selangor identifies 1,699 hectares of land for third port on Carey Island
  3. Asian Pac to sell Semenyih land for RM87.7 mil to fund developments, cut debt