PETALING JAYA: Inta Bina Group Bhd
has accepted a letter of award from Eco Ardence Sdn Bhd for the design and build of main building works in Shah Alam, Selangor, worth RM32.41mil.
In a filing with Bursa Malaysia, the construction firm said the project includes the development of several shop units, multipurpose hall and electrical substation.
“The completion period shall be for a period of 18 months from the date of commencement on April 15, 2026 and completion date shall be on Oct 15, 2027.
“The contract will not have any effect on the share capital and substantial shareholders' shareholdings of Inta Bina. Barring any unforeseen circumstances, the contract is expected to contribute positively towards the future earnings of Inta Bina for the duration of the contract.”
Inta Bina added that it intends to fund the contract via internally generated funds and / or external borrowings.
“The contract will not have any effect on the share capital and substantial shareholders' shareholdings of Inta Bina.”
