BORNEO SABAH ARAMAII

Thursday 28 March 2013

PJI Holdings lands RM207m property development project in Kota Kinabalu

http://www.pjiholdings.com/images/bod/DrLoh2.jpgKUALA LUMPUR: PJI Holdings Bhd has secured two contracts for a commercial property project along Jalan Tun Fuad Stephens, Kota Kinabalu valued at RM209.09mil.

PJI said on Wednesday that Sunsea Development Sdn Bhd had awarded its unit Kejuruteraan Trolka Sdn Bhd the commercial project which comprised of a shopping podium and a block of designer suites.

The first contract was a three-storey shopping podium and basement with parking facility valued at RM92.36mil. The second contract was one block of seven-storey designer suites and one block 13-storey hotel and infrastructures at RM114.72mil.

PJI said the contracts would contribute positively to the earnings and net assets per share of the company for the financial year ending June 30, 2013.

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