FAJARBARU
FBG Holdings seeks to exit Penang Medi-City project in Batu Kawan
FBG Holdings Bhd, formerly known as Fajarbaru Builder Group Bhd, is seeking to withdraw from the joint development of the Penang Medi-City project in Batu Kawan. The construction firm said its wholly owned subsidiary, FBG Land Sdn Bhd, had written to the Penang Development Corp (PDC) to cease proceeding with ... Read More
Fajarbaru Builder Group to develop medical city in Batu Kawan
Fajarbaru Builder Group Bhd has announced its entry into a significant joint development project with Penang Development Corporation (PDC) in Bandar Cassia, Batu Kawan. The development will include a medical city, Medi-City, and a mixed-use hub. Fajarbaru has agreed to pay RM111.45 million to PDC for the purchase of 51.17 ... Read More
Fajarbaru Builder Group expands military redevelopment project at RMAF Base Butterworth
Fajarbaru Builder Group Bhd has announced an expansion of its joint venture with Avionics Pty Ltd (APL) in the redevelopment of military facilities at the Royal Malaysian Air Force (RMAF) Base Butterworth in Penang. The Australian Department of Defence has awarded an additional RM39 million contract for this project, as ... Read More
Fajarbaru to build 3 blocks of affordable apartments for PDC
In a filing with Bursa Malaysia, Fajarbaru Builder Group Bhd announced that it has secured a RM125.3mil construction contract from Penang Development Corporation (PDC). The project involves the construction of three blocks of affordable apartments as part of the Phase Four development of a mixed project comprising twenty-five phases. Fajarbaru's ... Read More
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