OTHERS INTA BINA GROUP BERHAD ("INTA BINA" OR "THE COMPANY") - LETTER OF AWARD ("LOA") OF MAIN BUILDING WORKS FOR CONTRACT SUM OF RM49.0 MILLION TO INTA BINA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
| INTA BINA GROUP BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | INTA BINA GROUP BERHAD ("INTA BINA" OR "THE COMPANY")
- LETTER OF AWARD ("LOA") OF MAIN BUILDING WORKS FOR CONTRACT SUM OF RM49.0 MILLION TO INTA BINA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY |
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Introduction The Board of Directors of Inta Bina is pleased to announce that Inta Bina Sdn Bhd (“IBSB”), a wholly-owned subsidiary of Inta Bina, had on 13 March 2026 accepted the Letter of Award (“LOA”) from Eco Business Park 7 Sdn Bhd for Main Building Works (“Contract”) specifically for Package 4 – Zon 2 Phase 3 only, for the total contract sum of RM49,000,000.00 only for the proposed development of:
CADANGAN PEMBANGUNAN PERINDUSTRIAN (EBP7) YANG MENGANDUNGI:-
PARCEL 2 PACKAGE 2 – ZON 2 PHASE 1 1) 32 UNIT KILANG KLUSTER (MIN 60’ X 100’) – KK1a 2) 64 UNIT KILANG KLUSTER (MIN 60’ X 120’) – KK2a 3) 6 UNIT PENCAWANG ELEKTRIK
PACKAGE 4 – ZON 2 PHASE 3 1) 32 UNIT KILANG KLUSTER (MIN 60’ X 100’) – KK1a 2) 64 UNIT KILANG KLUSTER (MIN 60’ X 120’) – KK2a 3) 6 UNIT PENCAWANG ELEKTRIK
DI ATAS SEBAHAGIAN LOT 11327 (PRESINT A, ZON 1 & ZON 2), MUKIM JIMAH, DAERAH PORT DICKSON, NEGERI SEMBILAN DARUL KHUSUS UNTUK ECO BUSINESS PARK 7 SDN. BHD.
The Completion Period shall be for a period of 18 months from the date of commencement on 01 July 2026 and overall completion date shall be on 31 December 2027.
Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the Construction Period.
Financial Effects The Contract will not have any effect on the share capital and substantial shareholders’ shareholdings of Inta Bina.
Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Inta Bina for the duration of the Contract.
The Group intends to fund the Contract via internally generated funds and/or external borrowings.
Directors' and Substantial Shareholders' Interest None of the Directors or Substantial Shareholders of Inta Bina or persons connected to them has any interest, direct or indirect, in the Contract.
Directors’ Statement The Board of Directors of Inta Bina, after due consideration, is of the opinion that the Contract is in the best interest of the group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders.
This announcement is dated 13 March 2026. |
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Announcement Info
| Company Name | INTA BINA GROUP BERHAD |
| Stock Name | INTA |
| Date Announced | 13 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13032026-00083 |