Pesona Metro bags RM267mil construction contract in Cyberjaya

Malaysia 06 May 2015
Pesona Metro bags RM267mil construction contract in Cyberjaya
KUALA LUMPUR: Pesona Metro Holdings Bhd has clinched a RM266.75mil contract to build office and retail blocks in Cyberjaya.
It told Bursa Malaysia on Wednesday that its unit Pesona Metro Sdn Bhd had received a letter of award from PBT Engineering Sdn Bhd, a subsidiary of Singapore-listed Tee International Ltd, to complete building works on a 17-storey office block, and two blocks of Menara Soho (30 and 35 storeys).
The project has a duration of 29 months starting from April 20.
Tee International had bought the 5.95-acre freehold land in Jalan Teknokrat 3, where the buildings are being built, for RM32.1mil in 2012.
In a press statement, Tee International had said it planned to develop the land into a mixed use project comprising of retail and Sofo (small office flexible office) units.
Wednesday’s announcement confirms a StarBiz report last month that Pesona Metro was a frontrunner for a Klang Valley contract worth about RM250mil.
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