PETALING JAYA: Nestcon Bhd

has accepted a letter of award (LoA) from Paramount Property (Cityview) Sdn Bhd for the construction of a 49-storey and seven-storey condominium at Jalan Ampang Hilir Kuala Lumpur, worth RM228.3mil.

In a filing with Bursa Malaysia, Nestcon said the commencement date for the contract will be April 29, 2025.

“The overall completion for the contract works shall be 37 months and the completion date shall be May 28, 2028 or within such extended date of the conditions of contract provides.”