Haily Group Berhad has won a RM78.28 million contract to build 262 units of residential properties in Pontian, Johor. With this new job, which is the largest contract to date, Haily’s total contract value has increased to RM660.77 million.
The group received the Letter of Award from Mandy Corporation Sdn Bhd, a main contractor appointed by Splendid Pavilion Sdn Bhd, for the construction and of 118 units of two-storey terrace house (measuring 22’ x 70’), 144 units of two-storey terrace house (measuring 22’ x 75’) and 2 units of sub-stations. The construction project is located at Laman Citra, Gelang Patah of in the district of Pontian, Johor.
Both Mandy Corporation and Splendid Pavilion are wholly-owned subsidiaries of Main Market-listed Gadang Holdings Berhad. The contract will be effective for 20 months from the date of commencement, which will be confirmed at a later date.
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.
