Superstructure Works for Nine-Storey Factory to Strengthen Order Book Visibility
KUALA LUMPUR (June 26) Vestland Bhd has secured a RM135 million construction contract for an industrial development project in Bukit Raja, Klang, further expanding its exposure to Malaysia’s growing industrial property segment.
The contract was awarded by Golden Armani Sdn Bhd and involves superstructure works for a nine-storey factory building along with associated facilities.
Scope of Industrial Development Works
Under the contract, Vestland will undertake comprehensive superstructure works, including design and construction services up to the commissioning stage.
The project scope covers:
Design and engineering of superstructure works
Construction of a nine-storey factory block
Development of related ancillary facilities
Commissioning of completed structural works
The project forms part of a broader industrial development in Bukit Raja, an established industrial corridor in Klang, Selangor.
Long Construction Timeline Reflects Project Scale
The construction period is expected to span 36 months from the commencement date, which will be announced later.
The extended timeline reflects the scale and complexity of the industrial facility, which is designed to support manufacturing or industrial operations requiring multi-storey factory infrastructure.
Strengthening Industrial Sector Exposure
The latest contract reinforces Vestland’s growing involvement in industrial construction projects, which have become an increasingly important segment of Malaysia’s construction industry.
Industrial developments such as factories, warehouses and manufacturing facilities continue to benefit from:
Supply chain restructuring
Growth in manufacturing activity
Demand for modern logistics and production facilities
Industrial expansion in Klang Valley and surrounding regions
Bukit Raja, in particular, remains a key industrial hub due to its connectivity and proximity to major highways and ports.
Client Background and Project Context
The project owner, Golden Armani Sdn Bhd, is involved in multiple business activities, including property development, construction, trading services, money lending and investment holding.
The diversified business profile reflects increasing cross-sector participation in property-linked and industrial development projects.
Market Performance Overview
Vestland’s shares closed unchanged at 60 sen prior to the announcement, giving the company a market capitalisation of approximately RM567 million.
The stock has recorded strong performance year-to-date, rising nearly 40%, supported by continued contract wins and positive sentiment in the construction sector.
Key Takeaways
RM135 Million Industrial Contract Secured
Vestland won a major superstructure construction job in Bukit Raja, Klang.
Focus on Industrial Development
The project involves a nine-storey factory, highlighting growing demand for industrial facilities.
Long-Term Project Execution
The contract spans 36 months, indicating a large-scale and complex construction timeline.
Full Scope Superstructure Works
Vestland is responsible for design, construction and commissioning of structural works.
Strong Industrial Corridor Location
Bukit Raja remains a key industrial hub supported by logistics connectivity and manufacturing demand.
Expanding Construction Order Book
The win strengthens Vestland’s pipeline of industrial and high-rise projects.
Positive Share Performance YTD
Despite flat closing on announcement day, the stock has gained nearly 40% year-to-date.
Sector Trend Toward Industrial Assets
The contract reflects broader industry momentum toward industrial and manufacturing-related developments.
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 26 Jun 26
Malaysia