Gagasan Nadi wins RM110m apartment contract

This article first appeared in The Edge Financial Daily, on January 8, 2019.
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KUALA LUMPUR: Gagasan Nadi Cergas Bhd, which is slated to be listed on the ACE Market today, has secured a RM109.99 million contract to build two blocks of apartments in Putrajaya.

In a filing with Bursa Malaysia yesterday, Gagasan Nadi said its wholly-owned unit Nadi Cergas Sdn Bhd had received and accepted a letter of award from Putrajaya Homes Sdn Bhd to build the public residential development.

The project, located in Presint 11, comprises the construction of 463 apartment units, a three-storey multilevel car park and common facilities block, and upgrading works on part of the desginated green area and buffer zone.