BOUSTEAD Holdings Bhd’s unit Boustead Building Material Sdn Bhd has won an RM18.87 million contract to construct and complete earthworks, piling and sub-structure works of a four-star hotel in Mutiara Damansara.
The contract, from Boustead Hotels and Resorts Sdn Bhd, for the 12-storey hotel that has 301 rooms, will be funded with bank loans, internal funds or a combination of both.
This will be the Boustead group’s second hotel in Mutiara Damansara after Royale Bintang Damansara.
By Business Times
Thursday, March 26, 2009
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