TCS wins RM68.4m house construction contract from SimeProp

TheEdge Tue, Aug 25, 2020 09:50pm - 4 years View Original


KUALA LUMPUR (Aug 25): TCS Group Holdings Bhd has secured a contract worth RM68.4 million from a wholly-owned unit of Sime Darby Property Bhd for the construction of 218 units of  houses in Elmina Green Three in Sungai Buloh.

TCS received the letter of acceptance from Sime Darby Property (City of Elmina) Sdn Bhd today, the group said in a filing.

The contract is for the construction of the double-storey link houses, together with a power sub-station with other infrastructure works, it said.

Shares of TCS rose half a sen or 1.16% to 43.5 sen, valuing the group at RM156.6 million. 

(Editing by S Kanagaraju)

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SIME 2.100
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TCS 0.155

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