PETALING JAYA: HCK Capital Group Bhd
has awarded a RM220mil main construction contract for its project e.Sentral SmartCity to Alphazen Contract Sdn Bhd, clearing the way for construction to begin on the first phase of the RM1.8bil gross development value project in Shah Alam, Selangor.
In a statement, HCK Capital said Alphazen is wholly-owned by Alphazen Group Sdn Bhd, which is in turn owned by Chong Mong Tet (35%), Yong Kok Shiang (35%), Yeong Yip Poh (15%) and Chong Ernest (15%).
“Alphazen has completed more than 13,500 units across residential, commercial and hospitality developments, including Residensi Bintang @ Bukit Jalil and Mercu Jalil @ PPAM Bukit Jalil.
“With Perbadanan Kemajuan Negeri Selangor as a 30% shareholder, e.Sentral is HCK Capital’s first smart city and the first project built on the group’s ‘Tech and Trees’ concept,” it said.
