INTA

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OTHERS INTA BINA GROUP BERHAD ("INTA BINA" OR "THE COMPANY") - LETTER OF AWARD ("LOA") OF MAIN BUILDING WORKS FOR CONTRACT SUM OF RM66.517 MILLION TO INTA BINA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

INTA BINA GROUP BERHAD

Type Announcement
Subject OTHERS
Description
INTA BINA GROUP BERHAD ("INTA BINA" OR "THE COMPANY")
- LETTER OF AWARD ("LOA") OF MAIN BUILDING WORKS FOR CONTRACT SUM OF RM66.517 MILLION TO INTA BINA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Introduction

The Board of Directors of Inta Bina is pleased to announce that Inta Bina Sdn Bhd (“IBSB”), a wholly-owned subsidiary of Inta Bina, had on 8 September 2025 accepted the Letter of Award (“LOA”) from Eco Majestic Development Sdn Bhd for Main Building Works (“Contract”) for the total contract sum of RM66,517,275.00 only for the proposed development of:

 

CADANGAN PEMBANGUNAN SKIM PERUMAHAN KOMUNITI BERPAGAR DAN BERKAWALAN (HAKMILIK STRATA) PRECINCT 5 - FASA 1A YANG MENGANDUNGI:-

 

FASA 1A-1

  1. 12 UNIT RUMAH SESEBUAH 2 TINGKAT 50’ X 85’ (RS2-5B)
  2. 24 UNIT RUMAH SESEBUAH 2 TINGKAT 50’ X 85’ (RS2-5C)
  3. 20 UNIT RUMAH BERKEMBAR 2 TINGKAT 40’ X 75’ (RB-5D)
  4. 12 UNIT RUMAH BERKEMBAR 2 TINGKAT 40’ X 75’ (RB-5E)

FASA 1A-2

  1. 4 UNIT RUMAH SESEBUAH 2 TINGKAT 70’ X 60’ (RS1-5A)
  2. 40 UNIT RUMAH TERES 2 TINGKAT – GARDEN HOME 30’ X 60’ (GH-5F)
  3. 42 UNIT RUMAH TERES 2 TINGKAT – GARDEN HOME 30’ X 60’ (GH-5G)
  4. 1 UNIT STESEN SUIS UTAMA (SSU)

DI ATAS SEBAHAGIAN LOT 44034, MUKIM BERANANG, DAERAH HULU LANGAT, SELANGOR DARUL EHSAN UNTUK TETUAN ECO MAJESTIC DEVELOPMENT SDN. BHD.

 

The Completion Period shall be for a period of 20 months from the date of commencement on 22 September 2025 and overall completion date shall be on 21 May 2027.

 

Risk Factors

There are no foreseeable significant risks other than operational risk associated with the Contract during the Construction Period.

 

Financial Effects

The Contract will not have any effect on the share capital and substantial shareholders’ shareholdings of Inta Bina.

 

Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Inta Bina for the duration of the Contract.

 

The Group intends to fund the Contract via internally generated funds and/ or external borrowings.

 

Directors' and Substantial Shareholders' Interest

None of the Directors or Substantial Shareholders of Inta Bina or persons connected to them has any interest, direct or indirect, in the Contract.

 

Directors’ Statement

The Board of Directors of Inta Bina, after due consideration, is of the opinion that the Contract is in the best interest of the group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders.

 

This announcement is dated 8 September 2025.






Announcement Info

Company Name INTA BINA GROUP BERHAD
Stock Name INTA
Date Announced 08 Sep 2025
Category General Announcement for PLC
Reference Number GA1-08092025-00073