Kimlun unit secures RM72m contract

KUALA LUMPUR (Feb 28): Kimlun Corp Bhd unit Kimlun Sdn Bhd has secured a RM71.99 million contract from Tanah Sutera Development Sdn Bhd to construct an extension building, ancillary building and alterations to an existing shopping mall in Johor Bahru.

The company told Bursa Malaysia on Monday the project is expected to be completed by end-November and contribute positively to earnings and net assets of the group for this year. With the award, the group's estimated outstanding order book stands at RM1.45 billion. — Bernama

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.