KUALA LUMPUR: Mitrajaya Holdings Bhd
's (MHB) wholly-owned subsidiary, Pembinaan Mitrajaya Sdn Bhd, has secured a RM70 million contract for the construction of the main building and associated works for an eight-storey serviced apartment in Langkawi, Kedah.
In a filing with Bursa Malaysia, the company said Pembinaan Mitrajaya has accepted the letter of award dated May 14, 2025 from a client.
"In compliance with the non-disclosure agreement signed with the client, the client’s name is not disclosed in this announcement,” it said.
The serviced apartment will be used as a training centre and staff recreational facilities.
MHB said the contract is for a duration of 24 months from the date of site possession which is expected at end-June 2025.
"The contract is expected to contribute positively to the earnings and net assets of MHB Group for the financial years ending Dec 31, 2025, and 2026. The contract will not have effect on the share capital and shareholding structure of MHB,” it said. - Bernama
