KTI Landmark bags RM130.6mil contract to build ABM Sabah campus


KUALA LUMPUR: KTI Landmark Bhd has secured a RM130.6mil contract from the Construction Industry Development Board Malaysia (CIDB Malaysia) to construct the Akademi Binaan Malaysia (ABM) Sabah campus in Papar.

In a filing with Bursa Malaysia, KTI Landmark said its wholly owned subsidiary, K.T.I. Sdn Bhd, had accepted the letter of acceptance of tender.

The tenure of the contract is 24 months from July 1, 2025 until June 30, 2027.

“The contract will further increase and enhance the existing order book of the group,” it said.

KTI Landmark expects the contract to contribute positively to its earnings and net assets per share for the financial years ending 2025 to 2027.

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

Next In Business News

Cypark fully redeems Tranche 1 perpetual sukuk musharakah worth RM235mil
Pharmora raises Apex Healthcare stake to 94.94% in takeover offer
Genting Vista issues RM3bil unrated medium-term notes
Ringgit ends firmer vs US$, major currencies
Late buying lifts Bursa Malaysia's key index to close firmer
HeiTech Padu to supply ICT equipment to Hospital Miri for RM17.62mil
TT Vision unit bags contracts valued at combined RM7.11mil
Shareholders approve all resolutions at Propel Global EGM
Economist Madeline Berma passes away
Gold bounces from two-week low as thin trade sparks volatile moves

Others Also Read