Binastra posts record profit as construction segment continues to drive earnings
Binastra said that as of end-January 2024, the group had 15 ongoing construction projects with an outstanding orde book of about RM1.
Binastra said that as of end-January 2024, the group had 15 ongoing construction projects with an outstanding orde book of about RM1.
The contract involves the development of three blocks of suite apartments totalling 1,558 units, along with related facilities in Bukit Jalil, Kuala Lumpur.
The project also consists of three strata shop units on level 1, four levels of podium parking, three levels of lower ground parking facilities for residents, one unit of electrical substation and one guard house.
KUALA LUMPUR: The Covid-19 pandemic has brought about numerous waves of movement control order, resulting in many developers being unable to complete their projects on time.
KUALA LUMPUR (July 11): Boustead Properties “has inked a deal” to sell a 2.
KUALA LUMPUR (April 3): Boutique property developer Trinity Group Sdn Bhd recently donated essential medical supplies to hospitals in the Klang Valley and Penang for frontline healthcare professionals battling the COVID-19 outbreak in Malaysia.
KUALA LUMPUR (Jan 9): Kejuruteraan Asastera Bhd (KAB) has secured a RM19 million contract to provide electrical services to the Trion @ KL serviced apartment and hotel project at the intersection of Jalan Sungai Besi and Jalan Dua here.
PETALING JAYA (May 20): Binastra Land Sdn Bhd plans to launch CitiZen 2 in third quarter of this year.
PETALING JAYA (May 28): Contractor-cum-property developer Binastra Land Sdn Bhd aims to launch its flagship and largest project – the RM1.
PETALING JAYA (March 23): Binastra Land Sdn Bhd, a wholly-owned subsidiary of Binastra Group, is in talks with AccorHotels Group to bring in a new hotel brand to its upcoming mixed development ION at Jalan Sungai Besi, said Binastra Land executive director Datuk Ong Theng Soon.