News about Nestcon

The group foresees the RE business potentially contributing 25% or more to the group's net profits and/or diverting 25% or more of the group's net assets in the future.

The contract involves earthworks and main infrastructure works at the proposed township development located in the Pulai district, Nestcon said in an exchange filing.

This is the second contract Nestcon has secured so far in 2024.

The completion of the contract works is within 34 months, which will commence on Jan 3 and is scheduled for completion by Nov 2, 2026.

Nestcon said its wholly-owned subsidiary Nestcon Builders Sdn Bhd had accepted a Letter of Award (LOA) from Solaris Ceria for the main building works of one block of 52-storey office suites and serviced apartments.

Nestcon said the 41-month contract was awarded by Armada Istimewa Sdn Bhd for undertaking the construction and completion of earthworks, piling and pile caps, retaining wall, substructure, main building works and infrastructure works for the project.

KUALA LUMPUR (May 11): Construction outfit Nestcon Bhd has received a letter of award (LoA) for a job worth RM85 million to design and build an integrated offsite scheduled wastes recovery facility in Kerteh, Terengganu.

KUALA LUMPUR (Jan 20): Nestcon Bhd has been awarded a fixed lump sum turnkey construction job worth RM188.

KUALA LUMPUR (Jan 13): Building and infrastructure construction services provider Nestcon Bhd has bagged two subcontracts worth a combined RM90.

KUALA LUMPUR (Sept 15): Construction services provider Nestcon Bhd is partnering with Singapore-listed property developer Hatten Land Ltd to jointly explore and pursue business opportunities in the solar photovoltaic (PV) sector in Malaysia.