KUALA LUMPUR, Inta Bina Group Bhd’s wholly owned subsidiary, Inta Bina Sdn Bhd (IBSB), has accepted a Letter of Award (LoA) from Sime Darby Property (KL East) Sdn Bhd for a construction project valued at RM212.34 million.
In a filing with Bursa Malaysia, the company said the scope of works comprises the construction of the main building, external works, as well as mechanical and electrical installations. “The construction period is 36 months, commencing on Oct 7, 2025, with completion scheduled for Oct 6, 2028,” it said.
According to IBSB, the project entails the development of a condominium complex consisting of two blocks: Block A, a 30-storey tower with 233 units, and Block B, a 32-storey tower with 247 units. The towers will be built atop an eight-level podium comprising five basement levels and two above-ground levels of car parking, along with resident facilities located on the ground and third floors, as well as one sub-basement level.
“Barring unforeseen circumstances, the contract is expected to contribute positively to the group’s earnings over the duration of the project,” the company added.
