KUALA LUMPUR: Building and infrastructure construction services provider, TCS Group Holdings Berhad (“TCS” or the “Group”), announced that its wholly-owned subsidiary, TCS Construction Sdn. Bhd. (“TCSCSB”), has secured a RM216.9 million contract from Impiana Impresif Sdn. Bhd. (“IISB”), a wholly-owned subsidiary of Bandar Raya Developments Berhad (“BRDB”) for the proposed construction and completion of 2 blocks of 48-storey commercial serviced apartments in Subang Jaya, Selangor known as Federal Avenue (“Contract”).
Dato’ Ir. Tee Chai Seng (拿督郑再盛), Managing Director of TCS said, “We are pleased to have secured yet another project from BRDB, a valued returning client. This continued partnership reflects on our proven track record in delivering high quality projects, good workmanship with timely completion.”
“The Contract will boost our order book and give us healthy earnings visibility for the coming financial years. Our priority remains on quality execution and timely delivery of our ongoing projects. At the same time, we continue to be optimistic about the market outlook for the local construction industry, as we continue to see emerging opportunities across both Peninsular Malaysia and East Malaysia,” Dato’ Ir Tee further added.
The duration of the Contract is 35 months.
