Fajarbaru bags RM121m job to build clubhouse, driving range complex in Johor Bahru

• The Johor Golf and Country Club (JGCC) project was awarded by Tanjung Nakhoda (M) Sdn Bhd, said Fajarbaru in a stock exchange filing on Tuesday. 

KUALA LUMPUR (March 5): Fajarbaru Builder Group Bhd has won a RM120.82 million contract to build a clubhouse and a driving range complex in Johor Bahru.

The Johor Golf and Country Club (JGCC) project was awarded by Tanjung Nakhoda (M) Sdn Bhd, said Fajarbaru in a stock exchange filing on Tuesday. 

The contract period is 90 weeks from March 11, 2024 to Nov 30, 2025.

Fajarbaru executive chairman Tan Sri Chan Kong Choy said the contract is a testament to the group’s expertise and credibility in the construction industry.

“The JGCC project marks our inaugural venture in Johor, and we take great pride in extending our project portfolio across diverse regions, spanning from Penang to the East Coast [of Peninsular Malaysia], encompassing the Klang Valley, and now venturing into the southern reaches of the peninsula.

“We are proud to be involved in the project for one of Malaysia's most iconic golf and country clubs. We will work closely with Tanjung Nakhoda and other players involved in this project to give JGCC a more modern, sophisticated look that meets international standards," Chan added.

Shares in Fajarbaru closed half a sen or 1.5% lower at 32.5 sen on Tuesday, giving the group a market capitalisation of RM242 million.

Looking to buy a home? Discover exclusive rewards and vouchers for your dream home when you sign in to EdgeProp START.