Bina Puri secures RM51m building job

Bina Puri Holdings Bhd, through its wholly-owned subsidiary Bina Puri Construction Sdn Bhd, has won a RM50.9 million contract from Rakyat Elite Sdn Bhd to build the foundation and substructure of a 13-story building.

With the award to build the Plaza Merdeka Commercial Complex/Hotel in Kuching, Sarawak, the company’s order book stands at RM2.35 billion, it said in a statement.

The group has managed to secure new projects of up to RM 1.1 billion so far in 2009 and is continuously bidding for new project, both locally and internationally, Bina Puri added.

At 9.16am in Kuala Lumpur trading, the company's stock gained 8.5 per cent to 89.5 sen, headed for the largest advance since May 25.

By Business Times