Seacera to build Rubber Research Institute’s facility for RM216mil


Rubber Research Institute Malaysia (RRIM) Sungai Buloh

KUALA LUMPUR: The Malaysian Rubber Board’s (MRB) plan to build a new headquarters and other key facilities at Sungai Buloh, announced four years ago, seems to be taking off.

In a filing with Bursa Malaysia, Seacera Group Bhd said it had received a RM216mil sub-contract from Koridor Padu Sdn Bhd to undertake the construction of Rubber Research Institute of Malaysia’s (RRIM) Centre of Excellence in Sungai Buloh, Selangor.

The tile maker, which also has construction and property divisions, said this project was expected to be completed in 24 months (October 2019). 

Earlier this month, Mudajaya Group Bhd clinched a RM118.6mil contract to build the 16-storey Hevea Tower in Sungai Buloh, which is expected to be the MRB corporate headquarters. That project is targeted for completion by September 2019.

To recap, MRB had signed an agreement with project delivery partner KLIA Premier Holding’s units in December 2013 to develop its headquarters as well as a research and development centre, a college, a rubber discovery museum centre and a business cluster on its 216.5ha land in Sungai Buloh.

The project, then scheduled to be completed by Aug 30, 2018, was reported to cost RM1.1bil.

 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

On expansion mode
Fed dampens hopes for rate cut
F&N to use cost management measures
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing
WTK to buy 15% stake in Durafarm
DNB board to meet soon on 5G share sale deal
XOX plans share capital reduction

Others Also Read