Gelonghui International (01693.HK) announced on November 3 | Zhang Li International (01693.HK) announced that BGMC Corporation Sdn Bhd, an indirect wholly owned subsidiary of the company, has signed a winning bid letter dated October 10, 2023. The winning letter issued by THR Hotel (KL) Sdn Bhd to BGMC Corporation Sdn Bhd about additional modifications to the façade of the existing 25-story hotel building in Area 1275, Area 57, Raja Chulan Road in Kuala Lumpur, Malaysia and Matters relating to the upgrade of major projects. The fixed contract amount is RM540 million, including all relevant taxes.
The start date of the entire project is October 11, 2023, and the completion date is April 11, 2025. THR Hotel (KL) Sdn Bhd is mainly engaged in the hotel business.