Bina Puri wins RM100mil hotel project in Terengganu

Posted on
Share this article   

PETALING JAYA: Bina Puri Holdings Bhd has bagged a RM100mil contract to design, build and complete a hotel for Terengganu state government.

According to a filing with Bursa Malaysia yesterday, the award helps boost the group’s unbuilt book order to RM2.72bil.

“With this award, we have managed to secure RM838mil projects in 2015 and we believe there will be more opportunities to secure further projects by year-end,” said Bina Puri, a property development and construction company that was established more than 40 years ago.

The hotel is proposed to be constructed at Pulau Poh, Tasik Kenyir, Terengganu and expected to be completed in three years.

The company said project was expected to contribute positively to net assets and earnings of Bina Puri Group from the current financial year onwards.

Bina Puri said in June that it was eyeing for a 20% increase in its bottom line this year, with the construction division continuing as the main contributor.

The company, as of June, had tendered for up to 20 projects worth about RM5bil, compared with 33 last year. The projects tendered were valued at RM8.63bil.

 

Related story:

Bina Puri clinches RM100m contract to build hotel in Kenyir Lake

Want to contribute articles to StarProperty.my? Email: editor@starproperty.my
Related News

Fresh from the news oven

14:08 PM
Featured
16:08 PM
Featured
14:07 PM
Events
Latest News

Stories and news that might pique your interest

11:12 AM
News & Articles
11:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
11:12 AM
News & Articles
11:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
11:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
11:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
10:12 AM
News & Articles
16:08 PM
Home & Living
09:08 AM
Home & Living
11:02 AM
Home & Living
09:08 AM
Home & Living
10:07 AM
Home & Living
12:07 PM
Home & Living
00:12 AM
Featured Dev
00:12 AM
Featured Dev
00:12 AM
Featured Dev
00:12 AM
Featured Dev
00:12 AM
Featured Dev
00:12 AM
Featured Dev
03:11 AM
Awards 2024
01:11 AM
Events
00:11 AM
Events
00:11 AM
Events
00:11 AM
Events
00:11 AM
Events
03:11 AM
Awards 2024
09:04 AM
News & Articles
16:03 PM
News & Articles
10:02 AM
News & Articles
11:11 AM
News & Articles
11:09 AM
Featured
11:11 AM
Investment
16:06 PM
Investment
16:06 PM
Featured
15:06 PM
Investment
12:07 PM
潮樓產業
14:07 PM
潮樓產業
10:07 AM
潮樓產業
16:07 PM
潮樓產業
14:07 PM
潮樓產業
12:07 PM
潮樓產業