KUALA LUMPUR (March 3): Cabnet Holdings Bhd has bagged a subcontract worth RM11.88 million to undertake extra-low voltage works and a fully integrated environmental monitoring and control system.

In a filing to Bursa Malaysia, the group said its wholly-owned unit Cabnet Systems (M) Sdn Bhd was awarded the job by Samsung C&T (KL) Sdn Bhd in relation to the construction of substructure, retail podium, gallery and associated work for a mixed development in the KLCC area.

The subcontract is set to be completed on Oct 31, 2022, said Cabnet.

In June last year, Samsung C&T won the bid for the construction of a podium building at KLCC — a skyscraper. The skyscraper will comprise three office towers on top of a retail podium.

Shares in Cabnet closed unchanged at 19 sen, valuing the company at RM33.96 million.

 

Click here to see homes for auction in KLCC, Kuala Lumpur.

Click here for more property stories.

SHARE
SPONSORED CONTENT
Why residents are finding a sense of completeness at Setia homes

For Malaysia’s younger, family-oriented homeowners, the meaning of “home” is evolving. Beyond shelter, it is increasingly viewed as a space that supports family traditions, personal development and everyday functionality.

read more
RELATED POSTS
  1. Kuala Lumpur luxury hotel transactions rise 14% as Asia Pacific deal volumes hit US$2.1 bil in 2025, says JLL
  2. Kuala Lumpur residential market hits five-year high in 4Q — JLL
  3. What’s happening to KL’s older buildings?