Saturday 20 Apr 2024
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KUALA LUMPUR (Sept 26): Vivocom International Holdings Bhd has bagged a RM75 million construction contract for a mixed development in Terengganu.

In a filing with Bursa Malaysia, Vivocom said its subsidiary Vivocom Enterprise Sdn Bhd (VESB) was awarded the contract by property developer Udaran Sdn Bhd.

VESB will undertake the construction of two blocks of 372 units of serviced apartments and nine units of shoplots for Lembaga Tabung Amanah Warisan Negeri Terengganu in Kampung Ladang Tanjung.

"This project shall commence upon site possession and shall be completed within 36 months," Vivocom said.

Vivocom's share price closed unchanged at 14 sen, valuing the group at RM444.52 million.

 

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