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Friday, 30 October 2026

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Taghill Wins RM166 Million Penang Commercial Construction Contract

Taghill Holdings has secured a RM166 million George Town contract, strengthening its order book while execution and margins remain key investor watchpoints.

By TLA AI Editor4 min read

Kuala Lumpur, 30 October 2026 – Taghill Holdings Bhd said its wholly owned subsidiary, Taghill Projects Sdn Bhd, secured a RM166 million contract from Exsim Waterfront Sdn Bhd for main building works on a commercial development in George Town, Penang.

The award matters to Malaysian businesses and investors because it adds visibility to Taghill’s construction pipeline and links the group to a 493-unit serviced-apartment project. The contract is scheduled to start on 18 January 2027 and run for 24 months, so the revenue contribution will be recognised over time rather than booked as an immediate windfall.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.