
HEXTAR Industries Bhd has secured and executed an RM138.42 million engineering, procurement and construction (EPC) contract through its 70%-owned subsidiary Hextar Mitai Sdn Bhd (HMSB) for an industrial development in Pulau Indah, Selangor.
In a Bursa Malaysia filing today, the group said HMSB entered into the contract on July 3, 2026, for the provision of EPC works covering structural, architectural finishes, landscaping, infrastructure, and mechanical and electrical installations for five industrial buildings.
The contract was awarded by a private company involved in the investment of non-residential properties.
The identity of the contract awarder was not disclosed due to confidentiality provisions.
Under the scope of works, HMSB will undertake full engineering, procurement and construction works for a large-scale industrial development spanning approximately 80,929 sq m of land with a total gross floor area of over 101,800 sq m.
The development comprises three production factories and warehouse buildings, two workers’ hostel buildings and ancillary facilities.
Works are scheduled to commence on July 7, 2026, with completion expected within 12 months, subject to issuance of the completion certificate by the contract awarder.
Hextar Industries said the contract is expected to contribute positively to future earnings and net assets per share upon commencement of works.
The group added that the contract will not have any impact on issued share capital or substantial shareholders’ shareholding structure, and is not subject to shareholder or regulatory approvals.
In a separate statement, its group MD Benny Ang said the contract marks another milestone for the group’s civil engineering division, reinforcing its technical capabilities and strengthening its order book and earnings visibility.
Meanwhile, its ED Alex Sham said the project is expected to contribute positively to earnings upon commencement of works, supported by rising demand for industrial infrastructure in the Klang Valley.
He added that the contract further strengthens the group’s EPC portfolio and positions it to pursue similar opportunities in the future. — TMR
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