Kitacon Clinches RM54 Million Construction Contract From SDP Elmina

Source: Business Today

Kumpulan Kitacon Bhd has secured a RM54.87 million contract from Sime Darby Property. The contract is for developing industrial factory units and infrastructure at Taman Perdagangan Elmina in Selangor. Kitacon Sdn Bhd accepted the award letter in November.

What it means for buyers, tenants and investorsShareholders of Kumpulan Kitacon Bhd and buyers of Sime Darby Property's projects can check the company's progress and financial reports for updates on this development.

What it means for Japanese buyers

Kumpulan Kitacon Bhd secured a RM54.87 million contract from Sime Darby Property for industrial factory units at Taman Perdagangan Elmina in Selangor.

This development may interest Japanese investors in industrial property in Selangor.

Buyers should check the project's progress and Sime Darby Property's financial reports for updates.

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

CompaniesSime Darby Property
AreasSelangor
SectionConstruction & development
Date
SourceBusiness Today ↗

Read the original story ↗

From our guidesMore guides →

Our own explainers on renting, buying and investing in Malaysian property: the steps, the costs and the rules.

Related news

  1. Sime Darby Property wins recognition for Jendela Residences

    New projectsThe Sun

  2. SoftBank, Grab and Petros sign pact to develop AI infrastructure in Malaysia

    Construction & developmentThe Sun

  3. Jati Tinggi bags RM33.1m data centre power infrastructure contract

    Construction & developmentThe Sun

  4. Binastra marks major milestone with RM303.8 million smart warehouse contract win

    Construction & developmentThe Sun

  5. Nestcon secures RM161m contract to build serviced apartments in Selangor

    Construction & developmentThe Sun