KUALA LUMPUR: Binastra Corp Bhd (formerly known as Comintel Corp Bhd
) has received a RM283.3mil contract for the main building works of a major residential development in Taman Desa, Kuala Lumpur from Kaisar Maxim Sdn Bhd.
This project entails the construction of a total of 624 residential units across three 31-storey blocks, four podium levels and five levels dedicated for parking, amongst others.
Construction is scheduled to commence on Sept 17, 2024, with an expected completion timeline of 32 months, Binastra stated in an exchange filing.
The company said this latest contract it its tenth contract for the financial year ending Jan 31, 2025 and brings its financial year-to-date contract wins to RM1.9bil, far exceeding last financial year’s total contracts won of RM612.2mil.
