Ireka unit accepts RM468mil development award in Terengganu

KUALA LUMPUR: Ireka Corp Bhd's unit Ireka Development (Terengganu) Sdn Bhd has accepted a RM468mil contract from the Terengganu state government to develop through privatisation affordable and mixed housing development in the Kemaman district of the state.

In a bourse filing, Ireka said its subsidiary will undertake the mixed development and related works on 200 acres of government land in Bandar Baru Kertih Jaya, Mukim Kertih in Kemaman.