KUALA LUMPUR: Bintai Kinden Corporation Bhd’s wholly owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has secured a RM61.22 million construction contract from NandT Asset Sdn Bhd. In a filing with Bursa Malaysia today, Bintai Kinden announced that KBK will serve as the main contractor for the development of a housing project in Melaka.

According to BERNAMA News Agency, the contract outlines a timeline for the project’s completion, with handover expected on or before November 4, 2027. The timeline includes 12 months for design, submission, and approval from the necessary authorities, followed by 18 months for construction, and an additional six months to obtain the certificate of completion and compliance.

The company, specializing in mechanical and electrical engineering services, detailed that the construction works will encompass underpinning, structural works, mechanical and electrical works, as well as infrastructure development on a design and build basis. The project will involve the con
struction of various housing units, including single-storey semi-detached houses, cluster semi-detached houses, and terrace houses, along with essential infrastructure.

The infrastructure component of the project will feature two Tenaga Nasional Bhd (TNB) substations, a centralized sewerage treatment plant, and an elevated water tank with a suction tank and pump house. Bintai Kinden stated that the contract is expected to positively impact the earnings of the Bintai Group over the next four financial years.