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Taghill bags RM58 mil commercial complex construction job

Izzul Ikram / theedgemalaysia.com
22 January, 2025Updated:about 1 year ago
  • The 18-storey commercial complex comprises 271 hotel rooms, offices, restaurants, cafes, function rooms, banquet halls and swimming pools.

KUALA LUMPUR (Jan 21): Taghill Holdings Bhd’s (KL:TAGHILL) said it has secured a RM58 million contract for construction work on an 18-storey commercial complex in Ipoh.

The construction and ICT solutions company, formerly known as Siab Holdings Bhd, said the 18-storey commercial complex comprises 271 hotel rooms, offices, restaurants, cafes, function rooms, banquet halls and swimming pools.

The contract, awarded by One Roof Development Sdn Bhd, will span 16 months from March 1, 2025, with a target completion date of June 30, 2026, said Taghill in a bourse filing on Tuesday.

According to Companies Commission Malaysia records, One Roof Development is 25% owned by Lee Siew Heng, 20% by Tan Say Yap, 18% by Lee Siew Ming, 17% by Chin Lai Yoong and 10% each by Lee Pui Teng and Lee Khai Hoe.

Shares in Taghill ended unchanged at 11 sen, valuing the company at RM178.96 million.

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