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 5 September 2024 accepted a letter of award for Main Building Works amounting to RM283,332,788.67 from Kaisar Maxim Sdn Bhd in respect of a proposed development of Phase 1 - 3 blocks of apartments (624 units) with 31 floors, including 4 podium levels and 5 basement levels for parking, along with 1 TNB (Tenaga Nasional Berhad) unit, Block A - 208 units, Block B - 208 units, and 1 developer's apartment unit on the rooftop level, Block C - 208 units on Lot 481970 (Phase 1), formerly known as Lot PT 9419, Mukim Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur.
Details of the announcement are set out in the file attached.
This announcement is dated 5 September 2024.