Introduction

The Board of Directors of Inta Bina is pleased to announce that Seiring Setia Sdn Bhd ("SSSB"), a wholly-owned subsidiary of Inta Bina, shall undertake a property development project known as Senja Residensi @ Bukit Jelutong ("Development") with a total forecast gross development value ("GDV") of approximately RM290,956,341.00 only. The contract for the proposed development shall be awarded to Inta Bina Sdn Bhd ("IBSB"), a wholly-owned subsidiary of Inta Bina which shall comprise of:

Cadangan Pembangunan Pangsapuri Perkhidmatan 499 unit yang mengandungi:-

1. ARAS BAWAH - 1 TINGKAT KEMUDAHAN PENDUDUK YANG MENGANDUNGI 16 UNIT KEDAI, LOBI UTAMA, PEJABAT PENGURUSAN, BILIK MEL, TADIKA, BILIK KAWALAN KEBAKARAN, TANDAS AWAM, BILIK PEMUSATAN SISA DOMESTIK DAN PUKAL, BILIK PAM, BILIK TANGKI, BILIK SUIS, BILIK GENSET, BILIK TNB, 1 UNIT PONDOK PENGAWAL, TEMPAT LETAK KENDERAAN DAN KAWASAN LANSKAP
2. ARAS 1-5 - 5 TINGKAT PODIUM: LOBI A, LOBI B DAN TEMPAT LETAK KENDERAAN & MOTOSIKAL
3. ARAS 6-1 TINGKAT PODIUM: LOBI A, LOBI B, TEMPAT LETAK KENDERAAN, BILIK PAM DAN TANGKI PENGIMBANG
4. ARAS 7-1 TINGKAT KEMUDAHAN PENDUDUK: DEWAN SERBAGUNA, MUSOLLA LELAKI & PEREMPUAN, BILIK JENAZAH, BILIK PERMAINAN, BILIK SERBAGUNA, DOBI, GIMNASIUM, BILIK YOGA, BILIK PERSALINAN, KOLAM RENANG, TANDAS AWAM, TAMAN PERMAINAN KANAK-KANAK, RUANG LANSKAP DAN KEBUN KOMUNITI
5. ARAS 8-26 (BLOK A) - 19 TINGKAT 247 UNIT UNIT PANGSAPURI PERKHIDMATAN: JENIS B1 (95 UNIT), JENIS B2 (114 UNIT) DAN JENIS C (38 UNIT)
6. ARAS 8-25 (BLOK B) - 18 TINGKAT 252 UNIT PANGSAPURI PERKHIDMATAN: JENIS A (54 UNIT), JENIS B1 (90 UNIT), JENIS B2 (72 UNIT) DAN JENIS C (36 UNIT)
7. ARAS 27 (BLOK A) & ARAS 26(BLOK B) - 1 TINGKAT: RUANG TANGKI AIR DAN BILIK PAM
8. ARAS M&E - 1 TINGKAT: BILIK MESIN LIF

DI ATAS NO. 3 (LOT 76108), JALAN BAZAR U8/100, BUKIT JELUTONG SEKSYEN U8, 40150 SHAH ALAM, SELANGOR DARUL EHSAN UNTUK SEIRING SETIA SDN. BHD.

The Development shall commence on 1 October 2026 and is expected to be completed within thirty-six (36) months from the commencement date.

Risk Factors

There are no foreseeable significant risks other than operational risk associated with the Development during the Construction Period.

Financial Effects

The contract awarded to IBSB will further increase and enhance the earning visibility of the Group. 

The Development will not have any effect on the share capital and substantial shareholders' shareholdings of Inta Bina.

Barring any unforeseen circumstances, the Development is expected to contribute positively to the future earnings of the Group throughout the development period and upon the sale of the completed development, subject to, amongst others, the progress of the Development, market conditions and the achievement of the projected GDV.

The Group intends to fund the Development via internally generated funds and/ or external borrowings.

Directors' and Substantial Shareholders' Interest

None of the Directors or Substantial Shareholders of Inta Bina or persons connected to them has any interest, direct or indirect, in the Development.

Directors' Statement

The Board of Directors of Inta Bina, after due consideration, is of the opinion that the Development is in the best interest of the Group. The Development is being entered into in the ordinary course of business and is not subject to the approval of shareholders.

This announcement is dated 2 October 2026.