TCS wins RM10.7mil construction contract

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KUALA LUMPUR: TCS Group Holdings Bhd has secured a construction contract worth RM10.7mil from Impiana Impresif Sdn Bhd (IISB).

In a filing with Bursa Malaysia, TCS said its wholly owned subsidiary, TCS Construction Sdn Bhd accepted the letter of award (LoA) from IISB for the construction and completion of a sales gallery in Subang Jaya.

The construction period is eight months commencing from Sept 1. The completion date of the works shall be April 30, 2024.

TCS expects the contract to contribute positively to its future earnings, earnings per share, net assets per share and gearing.



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