Binastra wins RM370mil construction contract


KUALA LUMPUR: Binastra Corp Bhd’s wholly-owned subsidiary, Binastra Builders Sdn Bhd has secured a RM369.95mil construction contract from Exsim Jalil Link Sdn Bhd.

In a filing with Bursa Malaysia, Binastra said the contract is for construction and completion of the proposed development of three blocks of suites apartments (residential) (1558 units) at Bukit Jalil, Kuala Lumpur.

The contract shall complete within 41 months from the date of commencement which will be notified in due course by architect’s instruction.

Binastra said the contract is expected to contribute positively to the earnings and net assets per share of the group for the financial years ending Jan 31, 2025 to 2028.

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

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read