Inta Bina bags RM116.65mil construction contract from Sime Darby Property
KUALA LUMPUR: Inta Bina Group Bhd’s wholly-owned subsidiary, Inta Bina Sdn Bhd, has secured a main building works contract worth RM115.65 million from Sime Darby Property (KL East) Sdn Bhd.
Inta Bina Group Bhd, through its wholly-owned subsidiary Inta Bina Sdn Bhd, has secured a substantial RM115.65 million construction contract from Sime Darby Property (KL East) Sdn Bhd. This contract is for the main building works of 61 three-storey terrace houses and one electrical substation in KL East, Setapak, Kuala Lumpur. According to the company's Bursa Malaysia filing, the project is projected to be completed 30 months after its commencement date, which is scheduled for August 24, 2026.
The award of this contract underscores the ongoing demand for high-quality residential properties in prime locations within Kuala Lumpur. Additionally, it strengthens Inta Bina's position in the Klang Valley construction market. Paul Lim, the managing director of Inta Bina, reaffirmed the company's dedication to adhering to Sime Darby Property's safety standards while ensuring the project is executed with the highest quality, discipline, and execution focus.
This RM115.65 million contract adds approximately RM1.7 billion to Inta Bina's current order book and brings the group's total job wins in 2026 to RM424 million.
The company's management remains optimistic about the future, noting that they currently have approximately RM3.3 billion worth of tender submissions in their pipeline. Lim highlighted the group's continued positivity regarding these opportunities, stating that they will contribute to Inta Bina's future growth and earnings visibility.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
