PETALING JAYA: Hextar Industries Bhd's (HIB) 70%-owned subsidiary, Hextar Mitai Sdn Bhd (HMSB), has secured a RM138mil engineering, procurement and construction (EPC) contract from an undisclosed company engaged in investment of non-residential properties.
In a filing with Bursa Malaysia, HIB noted the project covers an integrated industrial development on 80,929 square metres of land (in Pulau Indah, Selangor) with a gross floor area exceeding 101,800 square metres.
It will include three production factories, warehouses, two workers’ hostel buildings, and supporting facilities.
HMSB’s scope spans structural works, architectural finishes, landscaping, infrastructure, and mechanical and electrical installations, with completion expected within 12 months, subject to certification.
The principal activity of HMSB is a civil engineering contractor, and the remaining 30% stake in the company is owned by Ke Tung Chen.
HIB Group Managing Director Benny Ang highlighted the contract as a milestone for HIB’s civil engineering division, reinforcing technical capabilities and strengthening its order book.