News about Binastra

As of Jan 31 this year, Binastra had 15 ongoing construction projects, with an outstanding order book of RM1.

Shares of Binastra has climbed 75% since the beginning of this year, amid a broader rally in the construction sector, fuelled by optimism on the roll-out of major infrastructure projects by the government, and private contracts to build everything from homes to data centres.

The job scope covers the main building works of the development, comprising two 40-storey apartments — one with 757 units and the other with 743 units, as well as an eight-storey carpark.

Meanwhile, a separate filing showed that Binastra’s executive director Lee Seng Yong acquired the 30 million share block, raising his stake in the company to 14.

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.