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$INTA / 0192 (INTA BINA GROUP BERHAD)
Research by TA
BUY – TP RM 0.72

" Bags RM96.5mn Main Building Works”

INTA has secured a new project worth RM96.5mn from Sime Darby Property Sdn Bhd, a subsidiary of Sime Darby Property Bhd. The contract involves the construction of the main building for a 37-storey serviced apartment located at Persiaran Putra Perdana, Selangor. The scope of the project includes the construction of 246 units of service apartments and 62 units of affordable apartments, five carpark levels, residents' facilities, and a guardhouse. This project is slated for completion within 30 months from 18 September 2024.

Analyst:
Raymond Ng Ing Yeow
raymondng@ta.com.my

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