KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
TCS Group Holdings Bhd
’s wholly-owned subsidiary, TCS Construction Sdn Bhd, has been awarded a RM611.3mn contract by Sabah Public Works Department for the construction of a new highway and road upgrades on the Pan Borneo Sabah Highway Phase 1B.
Handal Energy Bhd
was slapped with a RM132.6mn counterclaim from a former JV partner, alleging the company breached their JV agreement by selling its 49% stake in marine sand mining JV Handal Borneo Resources Sdn Bhd without her consent or knowledge.
Binastra Corp Bhd has accepted a letter of award worth RM256.45mn from Exsim Jalil Link Sdn Bhd for mechanical and electrical fit-out works relating to a data centre in Bukit Jalil, Kuala Lumpur.
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