The Media Shoppe bags RM192 Million construction project in Terengganu

The Media Shoppe bags RM192 Million construction project in Terengganu

KUALA LUMPUR, Sept 7 — The Media Shoppe Bhd’s unit, Exonion Sdn Bhd has entered into a managing contract agreement with Total Merit Sdn Bhd for RM192 million to develop a 12.1407-hectare land in Kemaman, Terengganu.

As the managing contractor, the company will be providing professional project management facilities for the development of the land into a mixed development project, it said in a filing to Bursa Malaysia today.

The project involves the construction of 43 units of two-storey shop lots or offices, five blocks of twelve-storey apartments, one block of eleven-storey affordable apartment and amenities.

The Media Shoppe, a software development company, said the project was its first foray into the property development and construction industry.

— BERNAMA

 

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