Damansara Realty”s unit secures RM35 million services contract

Damansara Realty''s unit secures RM35 million services contract

KUALA LUMPUR, March 7 — Damansara Realty Bhd (DBHD)’s unit, TMR Urusharta (M) Sdn Bhd, received a Letter of Award (LOA) from Malaysia Airports (Sepang) Sdn Bhd for a services contract worth about RM35 million.

In a filing to Bursa Malaysia Monday, DBHD said the contract entailed comprehensive cleaning and related services at Kuala Lumpur International Airport by Malaysia Airports (Sepang) Sdn Bhd.

“The services contract is for three years commencing April 1, 2016 until March 31, 2019, for a contract sum of approximately RM35 million, excluding the Goods and Services Tax.

“The contract can be extended for a further period of two years on the same terms and conditions,” it added.