PETALING JAYA: FBG Holdings Bhd has received a letter of acceptance from Sunray Construction and Interior Sdn Bhd for the proposed construction of Tower 2, a hotel apartment located on the Johor Baru City Square site, worth RM206.2mil.
In a statement, the turnkey contractor and property developer said the contract involved the construction and completion of main building works, mechanical and electrical installations, testing and commissioning, together with all related fittings, fixtures and associated works.
“The project is scheduled to commence on Dec 15, 2025 and expected to be completed by July 14, 2028, within a timeframe of two years and seven months.”
With this latest contract, FBG’s order book now stands at RM1.03bil, which will provide positive earnings visibility until 2028, the company said.
