PETALING JAYA: GDB Holdings Bhd has secured a RM213.3mil contract to build the 22-storey Hyatt Centric hotel in Kota Kinabalu, Sabah.
The group’s wholly owned subsidiary – Grand Dynamic Builders Sdn Bhd – accepted the contract from Hap Seng Consolidated Bhd’s Sunhill Ventures Sdn Bhd to undertake the construction works.
The contract will be for a period of 22.5 months, commencing on Jan 2,2020, and scheduled for completion on Nov 16,2021.
This marks the group’s first contract in East Malaysia and the second from Hap Seng, having secured the 26-storey Hap Seng 3 project in KLCC in 2017.
“Having done multiple iconic projects, we are honoured to be tasked to build the first Hyatt Centric hotel in Malaysia in the heart of Kota Kinabalu, ” said GDB group managing director Cheah Ham Cheia.