PETALING JAYA: TRC Synergy Bhd
has secured a contract worth RM125mil from BHIC Submarine Engineering Services Sdn Bhd to conduct schedule and corrective maintenance work at the Royal Malaysian Navy Submarine Base, Sapangar Bay in Kota Kinabalu.
In a filing with Bursa Malaysia, TRC said the work will be for the Zone D area, jetty facility building, bosun building, floating breakwater jetty, shiplift jetty and safety conditioning facilities at the navy submarine base.
TRC said the project shall be for a period of 60 months.
“Barring unforeseen circumstances, the board is of the opinion that the project will contribute positively to the earnings and earnings per share of the TRC Group in the future.
“The board, after having considered all aspects of the offer, is of the opinion that the project is in the best interest of the TRC Group,” it said.
