BINA Puri Holdings Bhd has secured a RM113.3 million contract for the Serian Regional Water Supply Phase II project in Sarawak.

Its subsidiary Bina Puri Builder Sdn Bhd (BPBSB) has received a letter of award from Tokoh Ilham Sdn Bhd, appointing it as the main contractor to complete the construction of water pipelines, civil and structure work, it said in an exchange filing today (Nov 4).

The project, known as ‘Proposed Serian Regional Water Supply Phase II (Stage 1)’ under the Sarawak Rural Water Supply Department (JBALB), is set to complete by April 9, 2027.

The group currently has an orderbook of RM1.2 billion for its construction and property segment.

Bina Puri share price was flat at 30 sen on Monday, giving it a market capitalisation of RM203 million. — TMR