PETALING JAYA: Binastra Corp Bhd
’s wholly-owned subsidiary, Binastra Builders Sdn Bhd, has accepted a contract worth RM132mil from Exsim Lumba Kuda Sdn Bhd to undertake earthworks, piling, pile cap and diaphragm wall works for a proposed 63-storey serviced apartment development.
Called the Causewayz Square @ JBCC, the structure will comprise a total of 4,525 units across four residential towers in Johor Bahru.
Construction is scheduled to begin on Sept 2 and targeted for completion within 16 months, Binastra stated in a release yesterday.
This is the fourth contract awards in Johor Baru year-to-date for a total value of RM628.8mil.
Binastra’s year-to-date contract awards have reached RM1.5bil while its total outstanding order book stands at RM4.5bil.
