PETALING JAYA: TCS Group Holdings Bhd’s wholly-owned subsidiary, TCS Construction Sdn Bhd, has secured a RM611.3mil contract for the construction of new highway and road upgrading works for Pan Borneo Sabah Highway Phase 1B.
The 42-month contract, awarded by the Public Works Department of Sabah, will involve upgrading a 18.2km of existing road between Telupid and Kampung Lumou Baru to a dual carriageway highway including four new bridges
The project will commence on Dec 20, 2024, with expected completion by June 19, 2028.
Datuk Tee Chai Seng, managing director of TCS, said the contract has further boosted the group’s order book, providing healthy earnings visibility for the coming years.
“With the recent contract wins by the group, we are looking to continue building on this healthy momentum to seize more jobs,” said Tee.