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December 20, 2014 -Saturday

 
 
  BINA PURI SECURES PROJECT WORTH RM388.7 MILLION FOR CONSTRUCTION OF SABAH STATE ADMINISTRATIVE CENTRE

Thursday 21/07/2011


Artist Impression Of The Proposed Sabah State Administrative Centre

Kuala Lumpur, 21 July 2011 – Main Market listed Bina Puri Holdings Bhd (‘Bina Puri” or the “Company”) announced today that the Company has been awarded a project from the Sabah State Government worth RM388.7 million. The project is to undertake the construction of the Sabah State Administrative Centre (Phase 1) located at Likas Bay, Kota Kinabalu, Sabah, Malaysia.

The project entails the construction of a 30-storey office tower and 2 blocks of 9-storey buildings. Construction will commence in August 2011 and is expected to be completed in 30 months.

The new Sabah State Administrative Centre is located in the vicinity of Sabah’s prominent landmark, the Sabah Foundation Building. The new Sabah State Administrative Centre covers a 15 acre land site along the shoreline overlooking the South China Sea. This integrated facility includes a 30-storey office tower, making it one of the tallest structures in Sabah. This tower will also house the Sabah Chief Minister’s office together with his cabinet members.

Group Managing Director, Tan Sri Datuk Tee Hock Seng, JP said, “We are very pleased to be awarded with this major project as it demonstrates our reputable track record as an established construction player in Sabah. In Sabah alone, we have completed projects worth more than RM1.5 billion and are undertaking on-going projects there worth approximately RM800 million. With RM9 billion allocated by the Federal government for infrastructure projects in Sarawak and Sabah, our expertise in the construction division will continue to play its part in the development of Sabah and we are confident in securing further projects in the future.”

Every year, the Company has consistently secured new projects averaging RM1 billion. 2010 was a record year for Bina Puri as the Company clinched major construction jobs such as the LRT Extension - Ampang Line and KLIA2.

For 2011, inclusive of the Sabah State Administrative Centre project, Bina Puri has secured new projects worth approximately RM500 million, boosting the Company’s total outstanding orderbook to RM2.4 billion.

"We are optimistic of delivering a commendable financial performance in this coming year, underpinned by our orderbook in hand and positive outlook for the local construction sector," Tan Sri added further.

About Bina Puri
Bina Puri Holdings Bhd is an established construction player with more than 35 years of experience, mainly in civil engineering and building works. The Company started to venture overseas 15 years ago and has a proven track record in delivering projects overseas. The achievements are reflected in the completion of diversified multi-million Ringgit construction projects, comprising mega infrastructural works such as highways, airport works, waterworks, hospitals, high-rise buildings and land reclamation projects, both locally and overseas.
In the property development division, Bina Puri has successfully developed the 139 acres Bukit Idaman Township in Selayang, which is still regarded as one of the benchmark township developments in the area. The Company has also completed other niche developments in the Klang Valley, which include Cheras, Puchong and Sungai Buloh. In East Malaysia, Bina Puri is also recognized as one of the successful developer which has developed numerous landmark projects which include the high-end Jesselton Condominium in Kota Kinabalu, standing out as one of the premier address for high-end condominium living in that region.

SOURCE: BINA PURI HOLDINGS BHD

FOR MORE INFORMATION PLEASE CONTACT:

NAME : SURATI SUJOR
TEL : 03-6136 3333
FAX : 03-6136 9999
EMAIL : surati@binapuri.com.my

DATE OF RELEASE: 21 JULY 2011
RELEASED BY BERNAMA MEDIA RELATIONS & EVENT MANAGEMENT (MREM)

 
 
 

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