KUALA LUMPUR (May 29): Inta Bina Group Bhd has secured a RM227.08 million contract for main building and infrastructure works involving a mixed commercial strata development in Klang, Selangor.
In a filing with Bursa Malaysia, the group said its wholly owned subsidiary, Inta Bina Sdn Bhd, accepted the contract from Ancubic PJ Sdn Bhd.
The project will be developed along Jalan Remia and Jalan Botanika in Klang and will be carried out in two phases. The development will include serviced apartments, retail podiums, office spaces, parking facilities, lifestyle amenities and related infrastructure works.
Following the latest contract award, Inta Bina’s unbilled order book is estimated at approximately RM1.7 billion, providing stronger earnings visibility for the group over the coming years.
Construction works are scheduled to begin on June 15, 2026, with completion targeted within 36 months.
Managing director Paul Lim said the contract strengthens the company’s order book and further enhances its presence within the Klang Valley construction sector. He added that the award reflects continued demand for the group’s expertise in integrated development projects.
Shares in Inta Bina ended Friday half a sen higher at 28 sen, giving the company a market capitalisation of RM237.1 million.
What I Learned
Inta Bina continues to secure sizeable construction contracts despite a competitive property market environment.
The RM227 million contract significantly boosts the company’s outstanding order book to around RM1.7 billion.
Klang and the wider Klang Valley remain active locations for integrated mixed-use developments.
Large strata commercial projects now commonly combine serviced apartments, retail, office and lifestyle components within one development.
The 36-month construction timeline suggests developers are maintaining confidence in medium-term property demand.
Strong order books are important for construction companies because they provide future revenue visibility and support investor confidence.
Yao Mu Realty, based in Kuala Lumpur, Malaysia, specializes in industrial real estate for factories and land, delivering professional and efficient solutions.
Posted by Yao Mu Realty Sdn Bhd on 30 May 26
Malaysia