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, TSR said the scope of project included the execution and completion of site clearance and demolition, earthworks as well as mechanical and electrical infrastructure works.
The contract is for a duration of 30 months and expected to be completed by April 2026.
It will contribute positively to the earnings of TSR group for the financial years ending June 2024 through June 2026, the company added.