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Taghill wins RM 166 million construction contract for Penang commercial development

PUBT·10/29/2026 11:15:11
Taghill wins RM 166 million construction contract for Penang commercial development
  • Taghill Holdings’ subsidiary Taghill Projects accepted a RM 166 million construction contract, excluding applicable service tax.
  • Exsim Waterfront awarded the contract on October 29, 2026, for a commercial development on Plot 4 in George Town, Penang.
  • Main building works cover two serviced-apartment towers with 236 and 257 units, respectively, alongside retail space, parking and recreational facilities.
  • Construction starts January 18, 2027, with completion scheduled for January 17, 2029, subject to contractual extensions.
  • The contract requires a RM 8.3 million performance bond, equivalent to 5% of its value.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Taghill Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720432) on October 29, 2026, and is solely responsible for the information contained therein.