CEO Morning Brief

Jiankun Offered to be Main Contractor of RM90 Mil Construction Job in Sentul

Publish date: Fri, 16 Sep 2022, 09:06 AM
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TheEdge CEO Morning Brief

KUALA LUMPUR (Sept 15): Jiankun International Bhd has been offered to be the main contractor of a RM90 million development project located in Sentul by a unit of Menara Rezeki Sdn Bhd, a company linked to Umno president and former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi’s family.

The project, which has been proposed to be known as Rumpun Residency @ Sentul, will see the construction of a 29-floor modern apartment building that contains 320 units along with seven shop units on the ground floor.

In a statement on Thursday (Sept 15), Jiankun said that its subsidiary JKI Construction Sdn Bhd has received a conditional offer letter from Menarez Development Sdn Bhd, a subsidiary of Menara Rezeki, for the construction project.

The development will be on a 1.29-acre land owned by Koperasi Perumahan Sentul Pasar Kuala Lumpur. Menara Rezeki is the joint venture (JV) partner of Koperasi Perumahan Sentul Pasar Kuala Lumpur for the development of the apartment building

Source: TheEdge - 16 Sep 2022

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