Mitrajaya Holdings Berhad has accepted and executed the Letter of Acceptance on the contract awarded by Retro Highland Sdn Bhd for the construction and completion of two blocks of housing apartments and ancillaries at Bandar Tun Razak, Kuala Lumpur.
The project is under the joint venture project of Retro with Dewan Bandaraya Kuala Lumpur which has a contract sum of RM265.8 million.
The contract is for a duration of 40 months from the date of possession of the site on 15 December 2022 and is expected to complete by 14 April 2026. Mitrajaya expects it to contribute positively to the earnings and net assets of the group for the financial year 2023 to 2026.
