Instacom awarded three contracts worth RM259m

PETALING JAYA: Instacom Group Bhd has bagged three contracts with a total value of RM259.29 million.

In a filing with the stock exchange, Instacom said it had on Nov 12 received the award from CRCC Malaysia Bhd, for construction works of a second package mixed commercial development known as 1Gateway in Klang for RM195.53 million.

On the same day, CRCC Malaysia also awarded Instacom a RM34.76 million contract for the construction of the second package condominium project known as Pavilion Hilltop in Mont Kiara.

The projects are expected to be completed within three years. In a separate announcement, Instacom announced that it was awarded a RM29 million project by Teras Millenium Sdn Bhd to supply, deliver and install tower structures.