Bintai Kinden Corp Bhd managing director-cum-CEO Datuk Tay Chor Han
KUALA LUMPUR: Bintai Kinden Corporation Bhd
's wholly owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has secured a RM61.22 million construction contract from N&T Asset Sdn Bhd.
In a filing with Bursa Malaysia today, Bintai Kinden said the contract includes KBK to act as the main contractor for the construction of a housing project in Melaka.
"The contract stipulates that the handover of the project shall be on or before Nov 4, 2027, which entails 12 months for the designing, submission, and approval from the necessary authorities, 18 months for construction, and six months to obtain the certificate of completion and compliance,” it said.
The mechanical and electrical engineering service specialist added that the construction works include the execution, construction, and completion of underpinning, structural works, mechanical and electrical (M&E) works, as well as infrastructure work on a design and build basis.
The contract involves the construction of various housing units, such as single-storey semi-detached houses, cluster semi-detached houses, and terrace houses, along with the necessary infrastructure.
This infrastructure also includes two Tenaga Nasional Bhd (TNB) substations, a centralised sewerage treatment plant, and an elevated water tank with a suction tank and pump house.
"The contract will contribute positively to the earnings of the Bintai Group over the next four financial years," it said. - Bernama
