KUALA LUMPUR, Haily Group Bhd, through its wholly-owned subsidiary Haily Construction Sdn Bhd, has bagged a RM50.08 million subcontract from Mandy Corp Sdn Bhd, a subsidiary of Gadang Holdings Bhd, for the development of a new residential project in Gelang Patah, Johor.
In its statement, Haily said the contract involves the construction and completion of Laman Citra Phase 3, which will feature 91 units of double-storey terrace houses, another 45 units of double-storey terrace houses, as well as a Tenaga Nasional Bhd (TNB) substation.
The scope of works under the agreement includes main building and external works, in addition to mechanical and electrical services required to complete the project. The development is scheduled to be completed within 20 months.
This latest contract win further strengthens Haily’s order book, pushing its total secured contract value for 2025 to RM68.11 million. The company also highlighted that its portfolio now encompasses 25 active projects across various segments, with a combined contract value of approximately RM1.05 billion.
According to Haily, the new project not only enhances its presence in Johor’s growing property market but also reinforces its role as a reliable construction partner for established developers. The group believes the steady stream of project wins will continue to support its growth trajectory and contribute positively to earnings visibility in the coming years.
