Vizione’s wholly-owned subsidiary, Bina Permai Sdn. Bhd. had accepted the Letter of Award (LOA) from Hardie Development Sdn. Bhd. as a turnkey contractor to design, build and deliver 3 blocks of apartment consisting of 1,344 units on the proposed mixed residential and commercial development in Sabah.
HDSB’s main principal activity is property development and has secured the right to develop the specific area in this project.
The contract sum is reported to be RM490 million where BPSB will be responsible for the entire design, engineering, construction, management and delivery of all works under the Project (including installation and testing of all mechanical and electrical (M&E) equipment and machineries) for the sole purpose of delivering the Buildings at the end of the Completion Period.
The period for completion of the Project is about thirty-six months from the commencement date.
