
KUALA LUMPUR (Sept 15): PTT Synergy Group Bhd’s (KL:PTT) unit, Pembinaan Tetap Teguh Sdn Bhd (PTTSB), has secured a contract worth RM83.26 million from Sime Darby Property Sdn Bhd (KL:SIMEPROP).
The contract involves performing earthworks and related tasks for multiple packages in Phase 1 of Bandar Bukit Raja Stage 4, located in Klang, Selangor.
In a Bursa Malaysia filing Tuesday, the group stated that the date of pre-possession shall be Sept 15, 2026; the date for possession shall commence on Sept 29, 2026; and the date for completion shall be Sept 28, 2027 and March 28, 2028 for Package 6 (Advance Unit for i34) and overall, respectively.
“The acceptance of the contract is in the ordinary course of business of PTTSB. Further, it is also carried out at arm's length and based on commercial terms which are not more favourable than those available to the general public,” it said.
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