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Property News

Kumpulan Kitacon secures RM131.9m residential buildings job from Tropicana unit

KUALA LUMPUR (Oct 29): Kumpulan Kitacon Bhd (KL:KITACON) has secured a contract worth RM131.9 million to build terraced houses in Bandar Puncak Alam, Ijok, Selangor, for Tropicana Alam Sdn Bhd, a unit of Tropicana Corp Bhd (KL:TROP).

The contract was secured via its wholly owned Kitacon Sdn Bhd on Monday, which had accepted a letter of award from Tropicana Alam.

Under the 24-month contract that will begin on Nov 1, it will build 449 units of 20ft by 70ft double-storey terrace house, 31 units of 22ft by 70ft double-storey terrace house, and two power substations.

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Source: EdgeProp.my

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