GDB Holdings Bhd has secured two infrastructure contracts in Sarawak with a combined value of MYR121.4 million, marking the group’s first entry into the East Malaysian construction market. The contracts were awarded by Bina Muhibbah Permajaya Construction Sdn Bhd.
The first contract, valued at MYR54.4 million, covers road development works across the Simunjan and Samarahan districts. The project commenced on January 29, 2026, has a construction period of 32 months, and is scheduled for completion by September 28, 2028.
Under the second contract, worth RM67 million, GDB will construct a new single-carriageway road together with associated earthworks, drainage, and ground improvement works across the Kuching and Samarahan divisions. This project began on January 28, 2026, carries a 17.5-month duration, and is expected to be completed by July 12, 2027.
GDB said the two contracts increase its outstanding order book to MYR669 million, providing earnings visibility through to late 2028.