Binastra secures RM315m contract to build apartments
The job scope covers the main building works of the development, comprising two 40-storey apartments — one with 757 units and the other with 743 units, as well as an eight-storey carpark.
The job scope covers the main building works of the development, comprising two 40-storey apartments — one with 757 units and the other with 743 units, as well as an eight-storey carpark.
Paramount chief executive officer Jeffrey Chew Sun Teong: “We have grown five times over the last ten years and reached RM1 billion in sales.
According to Deputy Minister of Housing and Local Government Datuk Aiman Athirah Sabu, there are 175 unlicensed abandoned private housing projects remaining in Peninsular Malaysia.
This growth in profitability “is complemented by a 61% increase in revenue, which reached RM88.
The proposed development will comprise of approximately 340 apartment units with a launch GDV potential of A$450 million (RM1.
The land is described as a freehold industrial land that is “strategically” located between Sydney and the future Western Sydney Airport.
But the declines in topline contribution were offset by higher year-on-year revenue across the group’s other segments, led by the road maintenance and property development divisions.
The group maintained a gross gearing ratio of 0.