Mitrajaya bags RM70m building job in Langkawi
The contract is for a duration of 24 months from the site possession date, which is expected to be at the end of June.
The contract is for a duration of 24 months from the site possession date, which is expected to be at the end of June.
The construction group said the contract was awarded by NextDC Sdn Bhd, the Malaysian unit of Australia's data centre operator NextDC Ltd.
The contract involves construction of Phase 2A of Kedah Science and Technology Park in Bukit Kayu Hitam.
Mitrajaya, which is involved in construction and property development, had been loss-making for three consecutive quarters, before turning around in the first quarter ended March 31, 2024 (1QFY2024) with a net profit of RM262,000.
The company’s construction arm announced on Wednesday (May 15) that it landed a contract worth RM174.
To be completed in 36 months, the contract is slated for completion by May 21, 2027, Mitrajaya showed in a bourse filing.
The unit clinched the two-year contract from GDP X Properties Sdn Bhd and the project is expected to be completed by December 2025.
KUALA LUMPUR (Feb 21): Construction and property group Mitrajaya Holdings Bhd said there are no immediate plans to develop the five pieces of land in Bentong, Pahang, that it is in the midst of purchasing in view of uncertainties in the speed of economic recovery post-Covid-19.
KUALA LUMPUR (Feb 10): Mitrajaya Holdings Bhd has bagged a RM200 million contract to build a transit-oriented development in Putrajaya, which is about equivalent to its market capitalisation, from Putrajaya Development Sdn Bhd.
KUALA LUMPUR (Nov 27): Mitrajaya Holdings Bhd expects to gain RM32.