PETALING JAYA: Bintai Kinden Corp Bhd secured two sub-contract awards totalling RM22.3mil for the construction of double-storey houses in Muar, Johor.
In a filing with Bursa Malaysia, Bintai Kinden said its wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd, has accepted the sub-contracts from Lu Chin Poh Construction Sdn Bhd.
The building and infrastructure works will be undertaken for Fershing Property Sdn Bhd.
The first contract, worth RM7.6mil, is to construct eight units of double-storey semi-detached houses at Lot 3712 in Mukim Jalan Bakri.
The second contract is to construct 21 units of double-storey terrace houses that will also be located at Lot 3713, Mukim Jalan Bakri.
The contract is worth RM14.7mil. The construction period for the sub-contracts shall be 15 months and is scheduled to be completed by Sept 1, 2025.
Bintai Kinden managing director and chief executive officer Datuk Tay Chor Han said the sub-contracts are expected to contribute positively to the group’s earnings over the next two financial years.
“These projects reflect our ongoing commitment to expanding our footprint in the construction sector and leveraging our expertise to deliver quality engineering solutions.”