Bintai Kinden unit gets RM175m job

KUALA LUMPUR: Bintai Kindenko Pte Ltd, a 69.82%-owned subsidiary of Bintai Kinden Corp Bhd (BKCB) has secured a subcontract for a project known as Mapletree Business City2 in Singapore.

In a filing with Bursa Malaysia yesterday, BKCB said Shimizu Corp, incorporated in Japan, had awarded the project to Bintai Kindenko to perform as a subcontractor for the redevelopment of an existing 10-storey building into a 30-storey business park development with five- to eight-storey podium, amenities and first storey and mezzanine floor car park on Alexandra Terrace/Pasir Panjang Road.

The project is expected to be completed by April 20, 2016, it said. “The project is expected to contribute positively to the future earnings of the BKCB Group,” it said, adding that the project will not have any material financial impact on the earnings, net assets and gearing of BKCB for the financial year ending March 31, 2015.

The job includes the design, supply, delivery, installation, testing, commissioning and maintenance of air conditioning and mechanical ventilation system, including an intelligent building management system.

This article first appeared in The Edge Financial Daily, on April 24, 2014.


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