TCS Group bags RM146.3mil contract


  • Corporate News
  • Thursday, 30 Jul 2020

KUALA LUMPUR: TCS Group Holdings Bhd’s unit TCS Construction Sdn Bhd has bagged a RM146.30mill contract from Southern Score Sdn Bhd for main building works of a serviced apartments project.

The group said the project, known as the Vista Sentul Residences, would start on Aug 3 and is expected to be completed by Feb 2,2023.

“The contract is expected to contribute positively to the future earnings and net assets for the duration of the contract, ” it said in a filing with the stock exchange.

The group intends to fund the project via internally generated funds or borrowings.

Southern Score is principally engaged in the business of construction, contracting, subcontracting and property development. — Bernama

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