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Malton bags RM703mil project in Pusat Bandar Damansara

Malton bags RM703mil project in Pusat Bandar Damansara

KUALA LUMPUR: Malton Bhd’s unit Domain Resources Sdn Bhd (DRSB) has won a RM703mil contract for construction works at the proposed Pavilion Damansara Heights project in Pusat Bandar Damansara, Kuala Lumpur. It told Bursa Malaysia on Friday that DRSB received a letter of award from Impian Ekspresi Sdn Bhd, a company in which Malton executive chairman Tan Sri Desmond Lim Siew Choon is an indirect substantial shareholder. The job is for construction works involving the site clearance, demolition, foundation, retaining wall system, basement car parks, retail podium and infrastructures. “A contract to formalise the scope and value of the construction works will be entered into between DRSB and Impian Ekspresi in due course,” it said. Lim is also chairman of Pavilion Real Estate Investment Trust, a retail-based REIT which includes Pavilion Mall and Pavilion Tower. According to the Pavilion Damansara Heights portal, there will be nine freehold corporate towers plus several blocks of residential units and a retail mall.

Malton bags RM703mil project in Pusat Bandar Damansara

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