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Bina Puri to construct Phase 1 of Taman Tiara in Sabah for RM19.7 million

KUALA LUMPUR: Construction-related Bina Puri Holdings Bhd has accepted the letter of award to construct a 7-storey apartment in Kota Kinabalu, Sabah, for a contract sum of RM19.7 million from Arkitek Oma Sdn Bhd.

The contract involves the construction and completion of 30 units within the 7-storey apartment block, including clubhouse facilities and associated infrastructural works for the development known as Taman Tiara (Phase 1). According to the statement released on Nov 3, the project is expected to be completed within 18 months.

It also states that with the award, the Group’s current order book stands at RM2.39 billion. The Group has managed to secure new projects of up to RM1.41 billion so far in 2009 and is continuously bidding for new projects, both locally and overseas. The contract is expected to contribute positively to the earnings of Bina Puri Group for the financial year ending Dec 31, 2009.

Among current projects by the company include the development of Jesselton View @ Hilltop in Sabah, comprising a condominium block of 80 units, as well as numerous construction projects in Thailand, Pakistan and the United Arab Emirates.

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