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Vestland secures RM56.38mil Kelantan Palace project

The Star·08/08/2025 11:55:00
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PETALING JAYA: Vestland Bhd’s wholly owned subsidiary, Vestland Resources Sdn Bhd, had won a subcontract from Euro Saga Sdn Bhd to undertake construction related works on the Kelantan Palace in Kota Bharu, Kelantan for RM56.38mil.

In a filing with Bursa Malaysia, Vestland stated works will commence on Aug 8 and be completed in the next 24 months or on Aug 7, 2027.

The subcontract is expected to contribute positively towards Vestland’s and its subsidiary’s earnings and net assets for the duration of the contract. This is assuming no material delay throughout the subcontract period.