Kimlun bags RM618m worth of construction jobs in Johor
In a filing with Bursa Malaysia, the engineering and construction services provider said the contracts were awarded by Permas Jaya Sdn Bhd, Melia Spring Sdn Bhd and CJ Developments Sdn Bhd.
In a filing with Bursa Malaysia, the engineering and construction services provider said the contracts were awarded by Permas Jaya Sdn Bhd, Melia Spring Sdn Bhd and CJ Developments Sdn Bhd.
OCBC, and Bank of Ningbo collaborated with the Johor state government, the Malaysian Investment Development Authority (MIDA), Invest Johor, and the Iskandar Regional Development Authority (IRDA) in leading discussions on business opportunities within JS-SEZ.
The Johor Bahru project, aimed at developing modern family-oriented homes and commercial units, is scheduled for completion in July 2027.
The sale “highlights the strong market demand for our high-specification facilities and the institutional-grade nature of our industrial parks”.
The agreement provides a framework for further negotiations towards a definitive agreement, SD Guthrie and Permodalan Darul Ta’zim said in a joint statement.
The letter of appointment was received from “one of the leading multinational technology corporations headquartered in the US”, with the client’s identity undisclosed.
The contract covers the execution and completion of a 50-storey building.
Allgreen's multi-phase redevelopment of Johor Bahru City Square aims to transform the mall into a modern lifestyle hub and add new hotel apartments to capture demand from the upcoming Johor Bahru-Singapore RTS Link.
The 15-month contract period commences on Dec 15, and is scheduled for completion on March 14, 2027.
PGB plans to allocate the proceeds toward disposal-related expenses, partial repayment of bank borrowings and working capital.