TSR Capital unit accepts RM75mil job in Selangor


KUALA LUMPUR: TSR Capital Bhd's wholly-owned subsidiary TSR Bina Sdn Bhd has accepted a RM75mil job from Sime Darby Property Bhd for the proposed construction of earthworks, infrastructure works and associated works at Elmina Business Park 2 in Rawang, in Gombak, Selangor.

The group said in a filing with Bursa Malaysia the scope of works under the contract mainly involves the construction and completion of site clearance and earthworks, involving approximately seven million meter cube of earth cutting and filling.

The 18-month contract is expected to be completed by March 2026.

"The contract will have no effect on the issued share capital of the Company but it is expected to contribute positively to the earnings and net assets per share of the Group for the financial years ending 2025 to 2026," said TSR Capital.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Perak Transit names Jeffrey Cheong deputy
MM Computer moves forward with IPO
Infoline unit to buy RM19mil factories
Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer
Infoline Tec subsidiary to purchase RM18.6mil factory buildings
PMW International ties up with STIDC for new Sarawak manufacturing facility
LSH unit secures Kuantan road upgrade contract
AIBIM: Islamic banking industry remains resilient amid Middle East uncertainties

Others Also Read