PETALING JAYA: Inta Bina Group Bhd
has been awarded a RM221.08mil contract by Prisma Melody Sdn Bhd, a wholly-owned subsidiary of Mitraland Holding (M) Sdn Bhd, for the main building works of Gravit8 Phase 4 (Novva) in Kota Bayuemas, Klang, Selangor.
In a statement, the construction firm said the latest award marks Inta Bina’s fourth project with Mitraland.
“The contract also strengthens Inta Bina’s new order book from approximately RM424mil to RM645mil, providing greater earnings visibility as the group continues to replenish its construction pipeline.”
Inta Bina said the development comprises a 39-storey serviced apartment tower housing 654 units and a 20-storey office tower, together with associated parking facilities, commercial spaces, recreational facilities and a sports complex.
“Construction is scheduled to commence on Sept 28, 2026. The works are divided into two sections, with Section 1 carrying a contract period of 24 months and targeted for completion by Sept 27, 2028, while Section 2 carries a contract period of 28 months and is targeted for completion by Jan 27, 2029.”
Inta Bina managing director Paul Lim said the group continues to maintain a healthy tender book of approximately RM3.6bil, comprising a mix of residential, commercial and data centre projects.
“The contract is expected to contribute positively to the group’s earnings over its duration. As with every project entrusted to us, we remain committed to delivering Gravit8 Phase 4 (Novva) on time and with a strong emphasis on quality, safety and the highest standards of excellence.
“This commitment is aligned with our vision to be the preferred builder, creating enduring value and delivering sustainable returns to stakeholders.” he said.
