BINASTRA TO ACQUIRE 40.8% EQUITY INTEREST WITH A CALL OPTION TO INCREASE TO 51% EQUITY INTEREST IN LF LANSEN
Binastra Corporation Berhad will acquire up to 51% of LF Lansen Sdn. Bhd. for up to RM 44.8 million. Stage 1 sees a RM 15 million investment for a 40.8% stake, with a call option to hit 51% by 31 December 2025. A performance‑linked earn‑out (up to RM 21.2 million) rewards the vendor if profit targets are met over three years. LF Lansen, a CIDB G7 contractor in thermal energy storage and data‑centre buffer tanks, holds a RM 43 million order book. Completion is expected in H2 2025.
BINASTRA ENTERS JOHOR BAHRU MARKET WITH FIRST TWO MAJOR CONTRACT WINS WORTH RM458.5 MILLION FROM EXSIM
Binastra Corporation Berhad has secured two contracts worth RM458.5 million from Exsim Kebun Teh Sdn. Bhd., marking its debut in Johor Bahru. Located along Jalan Kebun Teh, the projects reinforce Binastra’s regional expansion and long-term partnership with EXSIM.
BINASTRA REPORTS HIGHEST EVER FULL-YEAR EARNINGS, REWARDS SHAREHOLDERS WITH 3 SEN DIVIDEND
Binastra Corporation Berhad posted its best-ever performance in FY2025, with revenue surging 122.6% to RM946.6 million and PATAMI doubling to RM90.3 million. The Group secured RM3.1 billion in new contracts and declared its first interim dividend of 3.0 sen per share. With a strong RM3.6 billion order book, Binastra is poised for continued growth in FY2026
BINASTRA COMMENCES FY2026 WITH MAJOR DATA CENTRE CONTRACT IN CYBERJAYA
Binastra Corporation Berhad has secured a RM250.37 million contract to build a six-storey data centre in Cyberjaya for AIMS Group. Construction begins on 26 February 2025, marking Binastra’s first major win for FY2026.
With this, Binastra’s total secured data centre projects reach RM1.24 billion, reinforcing its role in Malaysia’s digital infrastructure growth.
BINASTRA ANNOUNCES RECORD-HIGH PERFORMANCE FOR 9MFYE2025
Binastra Corporation Berhad (“Binastra” or the “Group”) reported record-breaking financial results for Q3FYE2025, with revenue up 120.0% to RM265.9 million and PATAMI surging 115.4% to RM24.2 million.
For 9MFYE2025, revenue grew 150.7% to RM676.4 million, driven by nine new projects and increased construction activities, while PATAMI rose 156.6% to RM65.2 million.
BINASTRA HITS RM3 BILLION TARGET WITH LATEST RM327 MILLION CONTRACT WIN
Binastra Corporation Berhad (“Binastra”) has secured a RM327.7 million contract through its subsidiary, Binastra Builders Sdn. Bhd., surpassing its RM3.0 billion FY2025 target with RM3.1 billion in contracts secured year-to-date.
The project involves two 58-storey serviced apartment blocks in Kuala Lumpur, scheduled for completion within 42 months. With an order book of RM3.7 billion, Binastra is well-positioned for sustainable growth.
BINASTRA WINS ANOTHER SEWAGE TREATMENT PLANT EPCC PROJECT WORTH RM67.6 MILLION
Binastra Corporation Berhad has secured a RM67.6 million contract for the redevelopment of a sewage treatment plant in Taman Bukit Cheras, Kuala Lumpur. This EPCC project will be completed within 36 months and marks the Group’s continued focus on ESG-related initiatives.
With RM2.8 billion in new contracts for FY2025, Binastra’s order book now stands at RM3.5 billion, reinforcing its position in the infrastructure and utilities sector.
BINASTRA SECURES RM256.5 MILLION CONTRACT FOR DATA CENTRE M&E WORKS
Binastra Corporation Berhad (“Binastra” or the “Group”) has secured a RM256.5 million contract from Exsim Jalil Link Sdn. Bhd. for M&E fit-out works at a Bukit Jalil data centre.
This marks the Group’s 12th contract for FY2025, bringing its total order book to RM3.5 billion, reflecting its expansion into specialised M&E works amid a booming data centre industry
BINASTRA’S PATAMI SOARS 189.3% FOR 1HFYE2025
Binastra Corporation Berhad (“Binastra”) reported strong financial results for Q2 ended 31 July 2024, with revenue up 157.5% to RM230.9 million. Profit before tax rose 169.8% to RM30.5 million, while profit after tax and minority interests increased 171.4% to RM22.9 million, driven by higher construction activities and 5 new projects. For the first half of the financial year, revenue grew 175.6% to RM410.5 million.
BINASTRA RECEIVES SECOND DATA CENTRE CONTRACT WORTH RM574 MILLION
Binastra Corporation Berhad (formerly Comintel Corporation Bhd) (“Binastra” or the “Group”) has secured a RM574.4 million contract from Exsim Jalil Link Sdn Bhd for Phase 2 of a data centre development in Bukit Jalil, Kuala Lumpur. The project, including a 5-storey data centre block and office spaces, will begin on 1 October 2024 and complete within 16 months. This contract, the Group’s largest to date, pushes its outstanding order book to a record RM3.3 billion for FY2025, significantly exceeding its contract wins from the previous two years
