Bina Puri Holdings Bhd gets RM230 million contract to build PR1MA homes in Johor

Bina Puri Holdings Bhd gets RM230 million contract to build PR1MA homes in Johor

KUALA LUMPUR, Oct 26 — Bina Puri Holdings Bhd had received the Letter of Intent from PR1MA Corporation Malaysia (PR1MA) to build PR1MA homes in Johor in a contract worth an estimated RM230 million.

In a filing to Bursa Malaysia, the group said it would construct 994 units of PR1MA homes comprising apartments and 20 units of shops located in Plentong District, Johor Baharu.

The group said the project, which is expected to be completed within 36 months, would contribute positively to the net assets and earnings for the financial year ending Dec 31, 2016.

— BERNAMA

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