PETALING JAYA: Binastra Corp Bhd has accepted a letter of award from F3 Cheras Development Sdn Bhd for the redevelopment of a sewage treatment plant in Taman Bukit Cheras, Kuala Lumpur, via its wholly-owned subsidiary, Binastra Builders Sdn Bhd.
In a statement, the developer said the contract worth RM67.6mil would be for a comprehensive scope of engineering, procurement, construction and commissioning works.
Its completion date is expected to be within 36 months from the date of the possession of the site. With the project, Binastra has secured RM2.8bil worth of new contracts for the financial year ending January 2025, boosting its total outstanding order book to RM3.5bil.
Managing director Datuk Jackson Tan Kak Seng said the group aimed to secure more environmental, social and governance-related contracts.