KUALA LUMPUR: TSR Capital Bhd
’s unit TSR Bina Sdn Bhd has accepted a letter of award from Putrajaya Homes Sdn Bhd for the proposed construction of houses and associated works in Putrajaya for RM81mil.
It told Bursa Malaysia on Monday that it would have to complete 151 two-storey terrace houses in Precinct 12, Putrajaya.
The project, with a duration of 36 months, is expected to be completed by June 2018.
TSR’s board of directors expects the project to contribute positively to the earnings of the group for the financial years ending 2015 through 2018.
None of the directors or substantial shareholders of TSR or persons connected with them has any direct or indirect interest in the project.