Mitrajaya Holdings Berhad wholly owned subsidiary, Pembinaan Mitrajaya Sdn Bhd has accepted and executed the Letter of Acceptance on the contract awarded by the GDP X Properties Sdn Bhd for the construction and completion of one block development of 31 Storeys comprising 188 units of apartments at Mukim Batu, Kuala Lumpur for a contract sum of RM84.5 million.
The Contract is for a duration of 24 months from the date of possession of the site on 8 December 2023 and is expected to complete by 8 December 2025.
The group said the contract is expected to contribute positively to the earnings and net assets of MHB Group for the financial years ending 31 December 2024 to 2025.
