Friday, June 20, 2014

Mitrajaya - 1.5 billion order book target

It remains on track to meet its rm1.5 billion order book target for its construction division in its financial year ending Dec 31 2014.

Its outstanding order book stood at rm1.1 billion as at June 2014. It is expected to rake in rm30 million to rm40 million in revenue per month just from the construction division.

Currently (June 2014), the group’s two biggest projects are the MCC building in Putrajaya worth rm428 million and a condo project for UEM Sunruse Bhd worth rm277.4 million.

As for the property division, the group plans to launch its luxury condo development in Wangsa Maju, KL before end of July 2014 with a GDV of rm650 million.

It also plans to develop 15 acres of land in Puchong Prima into a mixed development in 2015 with a GDV of rm1.5 billion.

On the group’s healthcare division, which comes under its 51% owned Optimax Eye Specialist Centre Sdn Bhd.

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Please note that all data given are merely blogger's opinion. It is strongly recommended that you do your own analysis and research before investing.