Inta Bina bags RM100 mil contract to build 24-storey building in Shah Alam
In a Bursa Malaysia filing on Thursday, the construction company said the contract period is 26 months starting on Oct 15, 2023.
In a Bursa Malaysia filing on Thursday, the construction company said the contract period is 26 months starting on Oct 15, 2023.
While there was no valuation made by independent registered valuer, Sunway said that based on market available information to them, the market price for undeveloped freehold industrial land in the Batu Kawan area ranged between RM21 and RM35 per square feet.
The steel manufacturer said the land was acquired by Malaysian Rail Link Sdn Bhd, an agency under the Ministry of Finance Inc (MOF Inc), which has been appointed as the asset and project owner of East Coast Rail Link (ECRL).
With a gross development value of RM520 million and spans across 4.
There is something magical about living in the embrace of nature.
The industrial land in BKIP2 was made available on the open market in May for RM80 per square foot, with parcels as small as five acres each.
“The project is expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2024 onwards.
The group will also undertake the construction of 148 linked houses and accompanying ancillary structures, with an anticipated completion date of April 1, 2025.
In a note on Monday, the research house said Gamuda’s FY2023 CNP grew 7% year-on-year, another record high, as contributions from overseas engineering and construction (E&C) jobs offset earnings foregone post the sale of its tolled highways in October 2022.
Sunway said its wholly-owned subsidiary Fortuna Gembira Enterpris Sdn Bhd ceased to be a substantial shareholder of IJM after selling 2.