PETALING JAYA: Binastra Corp Bhd has secured a RM574.4mil contract from Exsim Jalil Link Sdn Bhd to design, construct, test and commission the main building works for Phase 2 of a proposed data centre development in Bukit Jalil, Kuala Lumpur.
In a filing with Bursa Malaysia, the group, formerly known as Comintel Corp Bhd
said it was awarded the job through its wholly owned subsidiary, Binastra Builders Sdn Bhd.
Commencing on Oct 1, 2024, the contract duration is 16 months. The building works include a five-storey data centre block, office spaces and electrical substation, among other facilities.
This new job award is expected to contribute positively to the earnings and net assets per share of Binastra Corp for the financial years ending Jan 31, 2025 and 2026.
To date, the group has secured RM2.5bil in new contracts for the financial year ending Jan 31, 2025. To put this into perspective, this RM2.5bil has already far exceeded the combined value of total contracts won for the two preceding financial years.
