PETALING JAYA: Comintel Corp Bhd’s wholly owned subsidiary Total Package Work Sdn Bhd has accepted two revised letters of award totalling RM275.44mil from Binastra Construction Sdn Bhd, regarding two property development projects in the Klang Valley.

       Comintel Corp has a stable of information technology (IT), telecommunications, manufacturing, and research and development companies in its stable.

       In a Bursa Malaysia filing, the group said one job was to build two blocks of serviced apartments in Damansara Perdana, Selangor for RM152.84mil, while another job was for five blocks of affordable apartments under the “Satu Anggota Satu Rumah” housing scheme in Jalan Tasik Selatan, Kuala Lumpur for RM122.6mil.

       The Damansara Perdana and Jalan Tasik Selatan projects started work in November 2021 and March 2022 respectively, and are to be completed in March 2024 and March 2025 respectively.

       Both projects are expected to provide additional income stream for the group over the next four financial years.