TRC Synergy JV gets RM348m MRT Line 2 job


A file picture of the MRT leaving the Kampung Selamat station.


KUALA LUMPUR: TRC Synergy Bhd's joint venture with  Konsortium Kontraktor Melayu (KKM) has secured a RM348mil contract for part of the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (Line 2).

It announced on Thursday the JV had accepted the contract from Mass Rapid Transit Corporation Sdn Bhd which involves building the Serdang maintenance depot and external works.

The construction and property firm  said the project would contribute positively to the earnings and earnings per share of the TRC Group in the future.

Just last week, TRC bagged a RM760.55mil contract from Prasarana Malaysia Bhd for jobs related to the Light Rail Transit Line 3 (LRT3).

The award was to build the second phase of the Johan Setia Depot in Klang and “associated works” for the construction and completion of LRT3 from Bandar Utama to Johan Setia.

In a May report, TRC had said that it would aggressively tender for MRT and LRT packages this year in line.

The report said that TRC, which is mainly involved in the construction business, aimed to raise the contribution ratio for construction and property segments to 80:20 from the current 90:10.

 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Wall Street set for higher open as rate-cut hopes linger
Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
Court Of Appeal rules in favour of SC in insider trading case
EPF buys more shares in QL Resources, raising stake to 5.01%
MGRC and Twistcode Technologies collaborate to develop advanced bioinformatics platform
Ringgit trims earlier gains to end slightly lower against US dollar
Ho Hup disposes of Bukit Jalil land for RM110mil
Perodua eyes 79% export surge to 1,960 units this year
Favelle Falco secures RM39.2mil contracts for offshore, tower cranes
RHB Islamic International Asset Management appoints Najman Isa as CEO

Others Also Read