Friday 26 Apr 2024
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KUALA LUMPUR (Sept 26): Voir Holdings Bhd's wholly-owned subsidiary Million Twilight Sdn Bhd has accepted a subcontract offer to complete 1,000 units of apartments in Kota Bharu for RM24.62 million.

The project is under the Programme Perumahan Rakyat and the contract is slated to start from Oct 1 and be completed by Sept 30 next year.

The offer was from Wira Syukur (M) Sdn Bhd, said Voir in its bourse filing today.

It said the job is expected to contribute positively towards its earnings and net tangible assets during the subcontract's period.

Fashion retailer Voir had, in March, received an unconditional takeover offer from Vista Lestari Development Sdn Bhd, a company controlled by Datuk Zarul Ahmad Mohd Zulkifli that is involved in construction and property development.

Zarul now controls some 50.71% of Voir via his interest in Vista Lestari.

Voir shares were not traded today. It last settled at 66 sen on Sept 21, valuing it at RM87.12 million.

 

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