
KTI Landmark bags RM130.6mil contract to build ABM Sabah campus
In a filing with Bursa Malaysia, KTI Landmark said its wholly owned subsidiary, K.T.I. Sdn Bhd, had accepted the letter of acceptance of tender.
The tenure of the contract is 24 months from July 1, 2025 until June 30, 2027.
'The contract will further increase and enhance the existing order book of the group,' it said.
KTI Landmark expects the contract to contribute positively to its earnings and net assets per share for the financial years ending 2025 to 2027.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

The Star
15 hours ago
- The Star
KTI Landmark in RM107mil Sabah job
PETALING JAYA: KTI Landmark Bhd has entered into a development agreement with the Sabah state government to develop a cultural complex with facilities, amenities and related infrastructure on a public-private partnership basis by way of land swap initiative worth RM107mil. In a filing with Bursa Malaysia, KTI Landmark said the government has identified a parcel of state land measuring a total area of 153 acres in Kinarut reserved for a 'cultural complex site'. The company said it is required to carry out and complete, at its own cost, the proposed project with all infrastructure, including roads, driveways, culverts, water mains, sewerage mains/ pipes/plants and landscaping serving and/or relating to the project. KTI said it will commence construction works of the project within nine months from the date of approval of the building plans.


New Straits Times
a day ago
- New Straits Times
KTI Landmark's unit to develop RM107mil cultural complex in Sabah
KUALA LUMPUR: The Sabah state government has appointed KTI Landmark Bhd's wholly-owned subsidiary K.T.I. Sdn Bhd (KTISB) to develop a cultural complex with facilities, amenities and the related infrastructure for on 23.47 hectares (ha) in Kinarut on a public-private partnership basis. KTI Landmark said the total development cost is estimated to be no less than RM107 million, and 26.3 ha of state land will be alienated to KTISB or any other company as may be determined by KTISB for residential development. Both the 23.47 ha project land and the 26.3 ha entitlement land for residential development are part of a 61.92-hectare parcel of state land reserved for the cultural complex site. "The value of the entitlement land will be equivalent to the value of the project cost, to which the value of the project cost will be valued by an independent quantity surveyor to be appointed and agreed by both parties," the property developer said in a filing with Bursa Malaysia today. KTISB today signed a development agreement with the Sabah government acting through the Sabah's Ministry of Tourism, Cultural and Environment for the complex development on a public-private partnership basis. KTI Landmark said its subsidiary is required to undertake, at its own cost, the development with all infrastructure, including roads, driveways, culverts, water mains, sewerage mains/pipes/ plants and landscaping serving and/or relating to the project. "KTISB will commence construction works of the project within nine months from the date of approval of the building plans or the amended building plans or the environmental impact assessment by the appropriate authorities, whichever is the later.

The Star
a day ago
- The Star
KTI Landmark to develop cultural complex in Sabah worth RM107mil
PETALING JAYA: KTI Landmark Bhd has entered into a development agreement with the Sabah State Government to develop a cultural complex with facilities, amenities and related infrastructure on a public-private partnership basis by way of land swap initiative, worth RM107mil. In a filing with Bursa Malaysia, KTI Landmark said the Government has identified a parcel of state land measuring a total area of 153 acres in Kinarut reserved for a 'Cultural Complex Site.'