Haily Group Latest RM40 Million Contract Pushes Order Book To RM557 Million

Johor-based construction company Haily Group Berhad announces that its wholly-owned subsidiary, Haily Construction Sdn Bhd has been awarded a RM40.67 million contract by Austin Senibong Development Sdn Bhd.

The group states that the contract involves the proposed construction and completion of 99 units of 3-storey shop offices, 1 unit of TNB sub-station and 4 units of TNB compact sub-station at Tebrau, Johor Bahru, Johor.

“The overall duration of the project is 20 months and works are expected to commence within 3 months from the date of the letter of award. This latest award shall increase the value of our projects which now amounts to a total of RM557.89 million, involving 22 building construction projects and 2 ongoing civil engineering-related construction projects,” said Haily’s Executive Director Mr. See Tin Hai.

“The recent success that we’ve had is due to our experience in the construction industry and capabilities as a Grade G7 contractor registered with the Construction Industry Development Board (CIDB). This is also in line with the Group’s plans for its listing, which is to focus on our core competency in the construction of residential and non-residential buildings in Johor, and extend our reach to other districts,” he added.

Haily made its debut on the ACE Market of Bursa Malaysia Securities on 21 July 2021. The Group is principally a main contractor involved in constructing residential and non-residential buildings in the Southern Region of Peninsular Malaysia, particularly Johor. It also provides construction machinery for rental purposes.

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