KUALA LUMPUR: TSR Capital Bhd
's wholly-owned subsidiary TSR Bina Sdn Bhd has accepted a letter of award valued at RM104mil from Kwasa Land Sdn Bhd for the proposed construction of common infrastructure works at the Kwasa Damansara township development in Sungai Buloh, Selangor.
In a filing with Bursa Malaysia, the group said the scope of works mainly involves the execution and completion of site clearance and demolition works, earthworks, drainage works, road works, sewerage works, water reticulation works, and mechanical and electrical infrastructure works.
The contract is for a duration of 30 months and is expected to be completed by April 2026.
"Barring any unforeseen circumstances, the Board of Directors of TSR is of the opinion that the Contract will contribute positively to the earnings of the Group for the financial years ending June 2024 through June 2026," it said.
