GDB bags RM877m Shah Alam logistics hub contract

Source: The Sun

GDB bags RM877m Shah Alam logistics hub contract
Photo: The Sun ↗

GDB Holdings Bhd has secured a contract to build two logistics hub buildings in Shah Alam, Selangor. The contract is worth RM877 million. This lifts GDB's outstanding order book to RM2.93 billion. The project will be undertaken by Grand Dynamic Builders Sdn Bhd. The contract was announced in a filing with Bursa Malaysia.

What it means for buyers, tenants and investorsShareholders of GDB Holdings Bhd can check the company's updated order book and financials to assess the impact of this new contract on its business.

What it means for Japanese buyers

GDB Holdings Bhd has secured a contract to build logistics hub buildings in Shah Alam, Selangor, worth RM877 million.

This development may affect Japanese investors in GDB Holdings Bhd, who can check the company's updated order book.

Japanese buyers of property in Selangor should note that the state has its own minimum purchase price and consent requirements, as per the state authority's rules.

Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.

Key facts

AreasSelangor
SectionConstruction & development
Date
SourceThe Sun ↗

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