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.

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