IBTEC is a large 7,290-acre township in Johor, part of the Johor-Singapore Special Economic Zone, aimed at boosting cross-border investment, digital infrastructure and sustainable urban growth.
The move, which forms part of an intra-group restructuring exercise, will allow SunCon to streamline operations and sharpen its focus on core construction and related services, SunCon said.
In a filing with Bursa Malaysia, Gamuda said the provisional tender result was announced by Singapore’s Housing and Development Board (HDB) after the tender closed on Thursday.
Bina Puri will also be appointed as the exclusive representative for Hanil’s products in Malaysia, while exploring expansion into other Southeast Asian markets.
The development will have two phases and include two-storey semi-detached, semi-detached and two-storey terrace houses.
The job, which involves site clearance, earthworks, piling, pile caps, transfer beams, retaining wall and a sub-basement, was awarded to the company’s wholly owned unit Econpile (M) Sdn Bhd, according to the builder’s bourse filing on Friday.
The scope of works covers the construction, completion, testing and commissioning of two data centre blocks (shell and core), a consumer substation, a water reservoir, as well as related infrastructure and ancillary facilities.
AME Elite said revenue from the property development segment rose 63.
The project, located at Persiaran Simfoni in Symphony Hills, Cyber 9, involves the construction of 64 semi-detached houses measuring 36 by 80 ft and four semi-detached houses measuring 37 by 80 ft.
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