Binastra unit bags RM313.7mil building contract

KUALA LUMPUR: Binastra Corp Bhd’s wholly-owned subsidiary Binastra Builders Sdn Bhd has secured a contract for building works in Kota Kinabalu valued at RM313.7mil.

In a filing with Bursa Malaysia, the group said the contract covers the external works outside site boundary works, piling works and main building works in respect of two apartment towers.

It said the contract is expected to provide additional income stream to the group over the next four financial years