Vivocom told Bursa Malaysia that VESB received on Tuesday the letter of award for the project, comprising 1,200 condominium units located on 5.02ha, from SBA Property Management Sdn Bhd.
It said the project would be completed within 42 months from the date of site possession.
“The project is expected to contribute positively to the earnings and net assets of Vivocom for its duration,” it added.
The latest announcement is a welcome piece of news after recent announcements of the termination of a RM240.2mil contract and a halt in its works on the Gateway Klang project.
Did you find this article insightful?