KUALA LUMPUR: MGB Bhd’s wholly-owned subsidiary, MGB Construction and Engineering Sdn Bhd, has secured a contract for the construction of a residential project in Dengkil, Selangor worth RM112.5mil.
In a filing with Bursa Malaysia, it said the contract was awarded by ZONE Designworks Sdn Bhd on behalf of Seloka Sinaran Sdn Bhd, a subsidiary of LBS Bina Group Bhd, which in turn is a major shareholder in MGB.
Parcel one comprises 266 units of single-storey Rumah Bandar Strata, and a community centre, guard house, Tenaga Nasional Bhd (TNB) main switch station and TNB electrical substation.
“Parcel two will include 123 units of single-storey terrace strata and 41 units of double-storey terrace strata,” it said. — Bernama