PETALING JAYA: FBG Holdings Bhd has accepted a letter of acceptance from IGB Bhd
in respect of main building works of a commercial building block under phase 3 located above the existing The Mall, Mid Valley Southkey in Johor Baru, worth RM238.09mil.
In a filing with Bursa Malaysia, the construction company said the contract period is 28 months commencing on March 1, 2026 and shall be completed on June 30, 2028.
“The contract is expected to contribute positively to the earnings of the group for the financial years ending June 30, 2026 onwards.
“The contract will have no material effect on the share capital and substantial shareholders’ shareholding of FBG.”
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