KUALA LUMPUR, Nov 2 (Bernama) -- Federal International Holdings Bhd’s (FIHB) wholly-owned subsidiary, Federal Builders Industries Sdn Bhd, has secured a RM46.96 million contract from Perumahan Masteron Sdn Bhd.
FIHB Subsidiary Secures RM46.96 Mln Structural Works Contract
FIHB Subsidiary Secures RM46.96 Mln Structural Wor
Key takeaways
Federal Builders Industries, a wholly‑owned subsidiary of FIHB, won a RM46.96 million contract for structural works on a development in PJ Selatan Sentral, Selangor, starting 16 Nov 2026 and finishing 15 Dec 2027.
- Contract value is RM46.96 million for basement, podium, facilities and transfer floor works.
- Project starts 16 Nov 2026 and ends 15 Dec 2027, impacting FIHB’s revenue for FY ending 20 Jun 2027.
- Transaction is a Recurrent Related Party Transaction involving directors and major shareholders of FIHB.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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