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- The scope of works includes road and drainage construction, sewerage works, water reticulation and other ancillary works. The contract also involves the supply and delivery of materials as well as construction services.
KUALA LUMPUR (Dec 17): TSR Capital Bhd (KL:TSRCAP) has secured a RM48 million contract from Sime Darby Property (Bukit Raja) Sdn Bhd to undertake infrastructure works at the Bandar Bukit Raja township development in Selangor.
The contract was awarded to the construction and property developer’s wholly owned subsidiary, TSR Bina Sdn Bhd, according to an exchange filing. It covers the construction and completion of main infrastructure and ancillary works for Stage 3 of the Bandar Bukit Raja development.
The scope of works includes road and drainage construction, sewerage works, water reticulation and other ancillary works. The contract also involves the supply and delivery of materials as well as construction services.
The project is expected to be completed by the second quarter of 2027, TSR Capital said.
“We are delighted to secure this contract award for TSR Bina, which reflects our commitment to excellence and our proven track record in executing large-scale infrastructure projects,” executive director Lim Dian Ping said in a statement.
Lim added that the contract win reinforces the group’s position in the property and construction sector, and said the group is confident of delivering the project on time through strong project management and safety standards.
TSR Capital shares ended up 2.5 sen, or 9.6%, at 28.5 sen on Wednesday, valuing the company at RM49.7 million.
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