TSR Capital Bhd’s wholly-owned unit, TSR Bina Sdn Bhd, has secured a RM34 million contract for a flood mitigation project along the East Coast Expressway, the company said in a Bursa Malaysia filing.
The contract, awarded by AFA Construction and Engineering Sdn Bhd, is set to commence this month and is expected to be completed by the fourth quarter of 2027. The project covers earthworks and other associated civil engineering works under Package 3B of the East Coast Expressway Phase 1 flood mitigation project.
TSR Capital said the contract is anticipated to boost the group’s earnings and net assets for the financial year ending June 30, 2026, and throughout the project’s duration.
In a statement, TSR Capital Executive Director Lim Dian Ping said the award highlights the group’s expertise in infrastructure and civil engineering projects.
“Flood mitigation is a key part of Malaysia’s infrastructure development, and we are proud to contribute to initiatives that improve environmental sustainability and public safety,” he said.
Lim added that the group is committed to delivering the project efficiently and to the highest standards of quality, safety, and environmental compliance. He noted that the contract also strengthens TSR Capital’s position in the infrastructure sector and provides momentum to pursue similar projects in the future.
