PETALING JAYA: Binastra Corp Bhd
via its wholly-owned subsidiary Binastra Builders Sdn Bhd has secured a contract from HCK Sentral Sdn Bhd, a subsidiary of HCK Capital Group Bhd, for the construction of Phase 1 of Subang Sentral, formerly known as Remix 1, in Subang Jaya, Selangor, for RM316.49mil.
In a statement, Binastra said the previously stalled Remix 1 site faced environmental and structural challenges.
The new signing is expected to accelerate progress, providing relief to more than 2,500 buyers who have been awaiting completion of their purchased units for over a decade.
The mixed development shall be a smart low-carbon city that boosts an international school, a health hub, adult learning centre and a pet-friendly tower.
“We are committed to completing the project without additional costs to purchasers, while enhancing the surrounding area with infrastructure improvements that benefit the community,” said HCK Capital executive chairman Tan Sri Clement Hii.
The letter of award marks Binastra’s second new contract win year-to-date for financial year 2027, bringing its total outstanding order book to RM7.1bil.
