GADANG Holdings Bhd, has won its maiden affordable housing development under the 1Malaysia Housing Programme (PR1MA), a government initiative designed to help middle-income earners own properties. Gadang did not disclose the value of the contract. In a statement to Bursa Malaysia, Gadang said further details will be released upon the company signing the agreement with Cyberview Sdn Bhd. Business Times understands that the contract is valued just above RM1 billion, and that it has the potential to generate some RM100 million in revenue annually for a period up to nine years for the public-listed company. Gadang, however, did say that it has accepted the letter of acceptance from Cyberview to jointly develop the latter's K-Workers Housing Project in Cyberjaya. Cyberview, formed in 1996, is a government-owned company and the landowner of Cyberjaya. The firm has been mandated to spearhead the development in Cyberjaya. PR1MA was set up for Malay-sians earning not more