KUALA LUMPUR: Binastra Corp Bhd
said its wholly-owned subsidiary Binastra Builders Sdn Bhd has accepted an RM503mil award from Exsim Sri Permai Sdn Bhd for the proposed development of a data centre in Cheras, KL.
The contract shall commence on Feb 19, 2026, and be completed within 20 months.
According to the group, the job covers, among others, the design, construction and infrastructure works of the proposed data centre.
"Beyond our established presence in the data centre projects in Bukit Jalil and Cyberjaya, we are actively exploring new opportunities with potential clients to expand our data centre footprint.
"With a strong start to FY27, we will continue to pursue growth catalysts aggressively and create greater value for our shareholders throughout the year," said Binastra managing director Datuk Jackson Tan Kak Seng in a statement.
With this latest win, Binastra has a total of six data centre projects with a total secured value of RM1.9bil. The group’s total outstanding order book has hit an all-time high of RM7bil, providing earnings visibility of up to four years.
