KUALA LUMPUR: TSR Capital Bhd's wholly-owned subsidiary TSR Bina Sdn Bhd has accepted a RM75mil job from Sime Darby Property Bhd for the proposed construction of earthworks, infrastructure works and associated works at Elmina Business Park 2 in Rawang, in Gombak, Selangor.
The group said in a filing with Bursa Malaysia the scope of works under the contract mainly involves the construction and completion of site clearance and earthworks, involving approximately seven million meter cube of earth cutting and filling.
The 18-month contract is expected to be completed by March 2026.
"The contract will have no effect on the issued share capital of the Company but it is expected to contribute positively to the earnings and net assets per share of the Group for the financial years ending 2025 to 2026," said TSR Capital.