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TRC bags RM99.5m contract to build new Prasarana HQ

TheEdge Mon, Oct 21, 2019 07:24pm - 9 months ago

KUALA LUMPUR (Oct 21): TRC Synergy Bhd has secured a construction contract from Prasarana Malaysia Bhd worth RM99.50 million.

The group announced in an exchange filing today that its wholly-owned Trans Resources Corporation Sdn Bhd had on Oct 17, received the letter of acceptance to design, construct and complete Prasarana’s new headquarters building in Damansara, Selangor.

TRC said the project will contribute positively to its earnings and earnings per share of the group in the future.

TRC shares closed half a sen or 1.04% lower today at 47.5 sen, bringing it a market capitalisation of RM228.24 million.

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