TSR Capital Bhd”s unit gets RM268.9 million contract from Kwasa Land Sdn Bhd

TSR Capital Bhd''s unit gets RM268.9 million contract from Kwasa Land Sdn Bhd

KUALA LUMPUR, March 7 — TSR Capital Bhd’s (TSR) wholly-owned unit, TSR Bina Sdn Bhd, has accepted a Letter of Award (LOA) from Kwasa Land Sdn Bhd for a RM268.9 million infrastructure project.

In a filing to Bursa Malaysia today, TSR said, the LOA was for the proposed construction and completion of common infrastructure works at Kwasa Damansara Township Development in Sungai Buloh, Selangor.

“The project is for a duration of 104 weeks and expected to be completed by March 12, 2018.

“The project will contribute positively to the earnings of the group for the financial years ending 2016 through 2018,” it said.

— BERNAMA
 

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