--- title: "YAN TAT GROUP's subsidiary has entered into a construction agreement worth nearly 2.9 million USD with a contractor" type: "News" locale: "en" url: "https://longbridge.com/en/news/244610702.md" description: "YAN TAT GROUP's non-wholly-owned subsidiary DMI has signed a construction agreement worth nearly USD 2.9 million with contractor Jialai Group Co., Ltd. The agreement involves electromechanical engineering and internal installation services, aimed at enhancing the group's supply chain system, promoting manufacturing business development, and consolidating its market position in the ASEAN region. The project includes the installation of purification systems and clean rooms, expected to be completed by July 31 of this year" datetime: "2025-06-16T01:16:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244610702.md) - [en](https://longbridge.com/en/news/244610702.md) - [zh-HK](https://longbridge.com/zh-HK/news/244610702.md) --- # YAN TAT GROUP's subsidiary has entered into a construction agreement worth nearly 2.9 million USD with a contractor YAN TAT GROUP (01480.HK) announced that its non-wholly-owned subsidiary DMI has entered into a construction agreement with contractor Jialai Group Co., Ltd., under which the contractor has agreed to provide DMI with electromechanical engineering and interior installation services, at a total cost of approximately USD 2.8953 million. The completion of the construction project will help the group establish a stable and efficient supply chain system, promote the long-term development of the group's manufacturing business, and further consolidate the group's market position in the ASEAN region. The contractor will be responsible for the purification system and cleanroom electromechanical and indoor installation works for DMI's workshop located on a plot of land in Malaysia. The scope of the project includes, but is not limited to, the installation of water supply and drainage, HVAC, electricity, fire protection, and other auxiliary systems. The total floor area of the project is approximately 5,300 square meters, and the project is expected to be completed on or before July 31 of this year. The site is a piece of freehold industrial land located at PT5755 – 2, Jalan Sungai Chua, Kawasan Perusahaan Bukit Angkat, 43000 Kajang, Selangor, Malaysia, with an area of 19,823 square meters ### Related Stocks - [01480.HK](https://longbridge.com/en/quote/01480.HK.md) ## Related News & Research - [What's Going On With Hyperscale Data Stock Monday?](https://longbridge.com/en/news/289059671.md) - [100 days of the Iran war: How global markets and the economy have been affected, in charts](https://longbridge.com/en/news/288948610.md) - [The AI boom is about to run into a compute wall, Chinese models could gain market share: CLSA](https://longbridge.com/en/news/289144250.md) - [Polymarket and Kalshi Race to Keep Politicians from Rigging the Odds in U.S. Midterms](https://longbridge.com/en/news/289090649.md) - [Prediction markets draw Wall Street as risks mount for retail users](https://longbridge.com/en/news/288935978.md)