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- The development will have two phases and include two-storey semi-detached, semi-detached and two-storey terrace houses.
KUALA LUMPUR (Sept 9): Inta Bina Group Bhd (KL:INTA) has won a RM66.52 million contract to build 154 houses in a gated and guarded project in Hulu Langat, Selangor for Eco Majestic Development Sdn Bhd.
The development will have two phases and include two-storey semi-detached, semi-detached and two-storey terrace houses. The job was awarded to its wholly owned unit, Inta Bina Sdn Bhd, the construction firm said in an exchange filing on Monday.
The contract is to span 20 months, effective Sept 22, with completion targeted for May 21, 2027.
Inta Bina said the contract is to positively contribute to its earnings. Funds required for the contract are to be internally generated funds and/or external borrowings, the company added.
Shares in Inta Bina remained at 42 sen at Tuesday noon break, valuing the company at RM254.26 million.
As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.
