Kumpulan Kitacon Berhad’s opens its order book accepting a letter of award worth RM65.4 million from Worldwide Holdings Berhad to undertake a proposed development in Dengkil, Selangor Darul Ehsan.
The project it said entails the construction of 182 units of double-storey terrace houses and one electrical substation, where construction works are expected to commence on 19 February 2024 for a duration of 18 months.
Managing director Tan Ah Kee said, “We have kicked off the year of the dragon on a bright note. This marks our third contract for this year, bringing our year-to-date contract wins to RM111million. Accordingly, our outstanding order book has now increased to RM1.18 billion.”
He further added, “We have secured RM1.04 billion worth of contracts in 2023 itself, and therefore we are cautiously optimistic that we will be able to maintain our momentum, going forward. We will strive to secure more contracts in this coming year, to enhance our business sustainability and financial visibility.”
