TSR Capital gains 6% on Gemas-Johor Bahru electrified double-track subcontract
KUALA LUMPUR: Shares of TSR Capital Bhd rose in early trade Tuesday, after the company announced that it has secured a RM307mil contract for Gemas-Johor Bahru electrified double-track project.
The counter gained 5.88%, or 2.5 sen to 45 sen in thin volume. TSRCap-WB rose 11.11%, or 0.5 sen to five sen with 44,300 shares done.
TSR Capital has received a RM307mil subcontract job for the Gemas-Johor Baru electrified double-tracking project from Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd.
TSR said its subsidiary, TSR Bina, had received a letter of award for work at one of the sections in civil works, including site clearance and embankment earthwork with all associated works.
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