KUALA LUMPUR: Haily Group Bhd has secured a letter of award worth RM32.33mil from Gunung Impian Development Sdn Bhd for a residential development in Johor Baru, Johor.

       In a filing with Bursa Malaysia, Haily said the contract will comprise the construction and completion of 76 units of double storey cluster houses and one double chamber Tenaga Nasional Bhd substation.

       “The board having considered the rationale, prospects and all other aspects of the letter of award, is of the opinion that the acceptance of the letter of award is in the best interest of the company,” it said.