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Kitacon unit to build factories in Elmina Business Park for RM54.87mil
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KUALA LUMPUR: Kumpulan Kitacon Bhd said its wholly-owned subsidiary Kitacon Sdn Bhd has accepted a contract from Sime Darby Property (Elmina North) Sdn Bhd for main building works, including ancillary buildings for RM54.87mil in Elmina Business Park in Gombak, Selangor.

It said in stock exchange filing the project will entail the construction of 10 units of Type A1, A2, A3 and A4 two-storey detached factories, two units of Type B1 and B2 two-storey detached factories and two units of Type C1 and C2 two-storey detached factories.

The construction will also include three refuse chambers and three electric vehicle charging bays, as well as a main switch station and two units of distribution substations.

Construction shall commence on Nov 30 2026 and is expected to be completed within 22 months.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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