PETALING JAYA: Building and infrastructure construction services provider TCS Group Holdings Bhd
has secured a RM86.38mil contract from Sime Darby Property Bhd for the proposed construction and completion of 60 units of two-storey, semi-detached factories in Elmina Business Park, Selangor.
In a statement, TCS managing director Datuk Tee Chai Seng said the new job further supports the group’s growth momentum, providing strong earnings visibility for the next two to three years.
“On the industry front, we are seeing positive market conditions with stable material costs and a rise in both public and private sector projects,” he said.
The duration of the contract is 24 months, commencing from December 2024 with expected completion by December 2026.
