Inta Bina lands RM221mil Klang job
KUALA LUMPUR: Inta Bina Group Bhd has clinched a RM221.08 million contract from Prisma Melody Sdn Bhd, for the main building works of Gravit8 Phase 4 (Novva) in Kota Bayuemas, Klang, Selangor.
Inta Bina Group Bhd has secured a RM221.08 million contract from Prisma Melody Sdn Bhd to construct the main building for Gravit8 Phase 4 (Novva) in Kota Bayuemas, Klang, Selangor. Prisma Melody is a wholly-owned subsidiary of Mitraland Holding (M) Sdn Bhd. This marks the fourth project Inta Bina has undertaken with Mitraland, a relationship that spans 14 years. The new order from Inta Bina increases its project pipeline from RM424 million to approximately RM645 million, offering enhanced earnings visibility.
The development will consist of a 39-storey serviced apartment tower with 654 units and a 20-storey office tower. Additionally, there will be parking facilities, commercial spaces, recreational facilities, and a sports complex. Construction is set to commence on September 28, with work divided into two sections. Section 1, which has a 24-month contract period, is expected to be completed by September 27, 2028. Section 2, with a 28-month contract period, is scheduled for completion by January 27, 2029.
Inta Bina's Managing Director, Paul Lim, expressed appreciation for Mitraland's continued confidence in the company. He stated that Inta Bina maintains a healthy tender book of about RM3.6 billion, encompassing residential, commercial, and data centre projects. The latest award highlights Inta Bina's commitment to securing projects and fostering long-term relationships with established property developers.
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