PETALING JAYA: Binastra Corp Bhd has secured a contract from PTT Synexis Sdn Bhd for the proposed development of an industrial warehouse facility in Klang, Selangor, worth RM303.8mil.

In a filing with Bursa Malaysia, the company said the contract covers the piling, main buildings and associated with external works in respect of a proposed development of an industrial warehouse.

It said these include a single-storey warehouse with a mezzanine floor and a three-storey office; two double-storey mechanical and electrical buildings; two guard houses; two refuse chambers; an electrical substation; a five-storey car park building and a temporary container yard depot area.

“The contract is expected to provide an additional income stream for the group.

“The contract also will have no effect on the issued share capital of the company but it is expected to contribute positively to the earnings and net assets per share of the group for the financial year ending Jan 31, 2027 to 2028.”

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