Nestcon bags RM200mil construction contract


KUALA LUMPUR: Nestcon Bhd has accepted a letter of award worth RM200mil from Armada Istimewa Sdn Bhd for the development of a mixed commercial development in Kuala Lumpur.

In a filing with Bursa Malaysia yesterday, the construction engineering firm said the job will entail the construction and completion of earthworks, piling and pile caps, retaining wall, substructure, main building works and infrastructure works for a 47-storey mixed commercial development.

The development will comprise 320 units of serviced apartment and 354 units of strata office with facilities, podium car park, shops and restaurants/bars to be erected on the lands at Jalan Liew Weng Chee, Kuala Lumpur.

The overall completion for the contract works is within 41 months, including the mobilisation period, all festivals and public holidays and is expected to be completed on or before June 16, 2026.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

ABM welcomes GX Bank, Boost Bank as new members
Khee San to raise up to RM96.1mil from rights issue
Ringgit ends firmer against greenback amid heightened uncertainty as US election looms
Elridge Energy inks 15-year biomass fuel contract with Japanese trading firm
Bintai Kinden unit bags RM61.22mil construction job in Melaka
MCE, Chuhang ink MoU to develop automated driving radar
Bursa Malaysia ends higher lifted by plantation, construction stocks
Revenue to dispose of Innov8tif stake for RM40mil
MN Holdings' new job wins bring orderbook to all-time high of RM625.8mil
Bina Puri unit secures RM113.29mil contract for Sarawak water supply project

Others Also Read