TSR Capital gets RM240m housing job in Putrajaya

KUALA LUMPUR: TSR Capital Bhd’s unit has clinched a RM240mil contract to build condominiums and car parks in Putrajaya from Putrajaya Homes Sdn Bhd.

The construction company said on Monday its unit TSR Bina Sdn Bhd had accepted the letter of award to build two blocks of 19-storey and 18-storey condominiums and two blocks of multi-level car park blocks.

It said the contract included facilities, drainage and retention pond, piling works, associated infrastructure and landscape works.

“The project is for a duration of 36 months and is expected to be completed by February 2019,” it said.

TSR Capital expected the project to contribute positively to the group’s earnings for the financial years ending 2016 through 2019.