Ibraco gets nod for RM530mil Bintulu project


Modern: An artist impression of the Town Square Bintulu, a comprehensive mixed-development project by Ibraco Bhd and BDA Properties Sdn Bhd.

KUCHING: Property developer Ibraco Bhd has obtained the green light from shareholders to go ahead with its ambitious joint-venture (JV) residential and commercial development project in booming industrial town Bintulu.

The two-phase development has a gross development value (GDV) of some RM530mil.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

AI and chips are turning Malaysia into Asia’s growth standout
Malaysia's economic growth may exceed 5% in 2026
Moody's affirms Hong Leong Bank's A3 ratings, maintains stable outlook
Perodua slashes Axia prices by up to RM4,700
Detailed study needed to assess anti-competitive practices on e-commerce platforms
Ringgit ends lower against US dollar, major currencies as US Treasury yields rise
Nestcon bags RM74.5mil affordable housing contract in Kwasa Damansara
Press Metal to buy controlling 58.8% stake in PMB Technology for RM465mil
Aldrich unit receives approval to operate online moneylending business
AMS unit secures licences to begin aluminium scrap business

Others Also Read