Siab Holdings bags RM176.18mil construction job

PETALING JAYA: Siab Holdings Bhd has accepted a letter of award from Exsim Noordin Sdn Bhd for building and infrastructure works in George Town, Penang, worth RM176.18mil.

In a filing with Bursa Malaysia, Siab said the contract will entail alteration and addition for seven units of existing two-storey heritage buildings at Jalan C.Y. Choy to four units of shop; conversion of the upper level of two units of existing two-storey heritage buildings at Jalan C.Y. Choy from residential to commercial; and construction of a 29-storey serviced apartment building comprising four units shop at level one, car parks at levels two to six, recreational facilities at level seven, 28 and 29 and 603 units of serviced apartments at level seven to level 27.