TRC Land Sdn Bhd bags PPA1M project worth RM292 million

TRC Land Sdn Bhd  bags PPA1M project worth RM292 million

KUALA LUMPUR, Dec 4  — TRC Synergy Bhd’s wholly-owned unit, TRC Land Sdn Bhd, has been appointed as the developer for 1Malaysia Civil Servant Housing Development (PPA1M) programme by Perbadanan Putrajaya, and has secured a project with a gross development cost of RM292.74 million.

TRC Synergy in a filing to Bursa Malaysia today said the project consisted of 500 PPA1M residential units, 316 public residential units and 20 commercial units to be developed in Precinct 18, Putrajaya.

“The project will contribute positively to the earnings and earnings per share of the TRC Group in the future,” it said.

— BERNAMA

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