news

Inta Bina bags RM67.73m construction contract from Gamuda

KUALA LUMPUR (Dec 16): Inta Bina Group Bhd said its wholly-owned subsidiary Inta Bina Sdn Bhd has bagged a RM67.73 million contract from Gamuda Bhd’s subsidiary Gamuda Land (T12) Sdn Bhd.

The contract is for the construction of 203 units of terrace houses for phase 1C-1 of Gamuda’s township in southern Klang Valley, Gamuda Cove, Inta Bina said in a bourse filing.

The project will commence on Dec 15 and will be completed in 18 months.

Inta Bina intends to fund the job using internal funds and external borrowings.

Shares of Inta Bina traded half a sen or 1.92% lower on Thursday to close at 26 sen, giving the company a market capitalisation of RM136.49 million.

Edited by Tan Choe Choe

Get the latest news @ www.EdgeProp.my

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE
RELATED POSTS
  1. Inta Bina appoints Au Foong Yee as company director
  2. Gamuda Land’s Gamuda Cove receives five-diamond recognition
  3. Gamuda Land tugs at heartstrings with the release of Chinese New Year short film