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- Following this latest project win, Bintai Kinden’s unbilled order book has increased to RM132.91 million.
KUALA LUMPUR (March 26): Mechanical and electrical engineering services specialist Bintai Kinden Corp Bhd (KL:BINTAI) has won a RM27.15 million contract for the construction of six blocks of shop offices in Seremban.
The Practice Note 17 (PN17) company said the contract was awarded to its wholly-owned unit Kejuruteraan Bintai Kindenko Sdn Bhd by Pavilion Link Sdn Bhd, a subsidiary of Teladan Group Bhd (KL:TELADAN).
Construction at the site in Bukit Intan is expected to commence on April 9, with the project to be completed by July 8, 2026, said Bintai Kinden in a statement on Wednesday.
“This latest milestone underscores our commitment to excellence in the construction sector and is poised to make a significant positive contribution to the group’s earnings over the next two financial years,” the company said.
Following this latest project win, Bintai Kinden’s unbilled order book has increased to RM132.91 million, said its managing director and chief executive officer Datuk Tay Chor Han.
Tay said that the contract will strengthen the company’s efforts to achieve the revenue and profitability required for its planned upliftment from PN17 status.
He added that the company has been actively pursuing new contracts in both the mechanical and electrical, and construction sectors.
Shares in Bintai Kinden settled unchanged at eight sen on Wednesday, giving the company a market capitalisation of RM117.1 million.
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