The Board of Directors of Binastra Corporation Berhad (formerly known as Comintel Corporation Bhd) wishes to announce that its wholly-owned subsidiary, Binastra Builders Sdn Bhd has on 2 September 2024 accepted a letter of award for Construction and Completion of Earthworks, Piling, Pile Caps, Main Building Works and Infrastructure Works amounting to RM235,480,000.00 from Mightyprop Sdn Bhd in respect of a proposed development on Plot 4 comprising 1 block of serviced apartment building containing 39 storey serviced apartments (662 units) with 1 floor of "Sky Garden" park facilities on the rooftop and facilities on Level 1 above the 4-level podium parking which includes 2 units of business spaces, 2 underground levels and 3 levels of basement as well as 8 units of business spaces and 1 unit of 11KV substation main switch station on Lot PT 51994 (HSD 324978), No. 7, Jalan PJU 8/8B, Sentral Damansara, PJU 8, Petaling Jaya, Mukim Sungai Buloh, Petaling District, Selangor Darul Ehsan.

Details of the announcement are set out in the file attached.

This announcement is dated 2 September 2024.