Instacom bags RM116.4 million CRCC project

PETALING JAYA: Instacom Group Bhd’s subsidiary, Vivocom Enterprise Sdn Bhd, had yesterday been awarded a RM116.4 million contract from CRCC Malaysia Bhd to build houses under the Rumah Selangorku scheme in Gombak, Selangor.

Vivacom will construct a gated community housing scheme consisting of semi-d units, villa mansions, an apartment block and housing units.

Instacom told the exchange that the project was in addition to the contracts in hand of Neata Aluminium (Malaysia) Sdn Bhd and Vivocom (Neata Group) amounting to RM351.753 million and RM230.287 as disclosed in its circular dated Sept 28, and Nov 12 respectively.

The project will start on Jan 18, 2016.