Quick take: TCS reverse course as investors take profits

TheStar Thu, Jul 30, 2020 09:47am - 3 years View Original


KUALA LUMPUR: Despite clinching some RM146.3mil contract, shares in TCS Group Holdings Bhd fell over 3% as investors locked in profit.

The newly listed construction company fell 3.03%, or 1.5 sen to 48 sen with over 13 million shares traded. The company was listed last Thursday.

TCS has secured a contract worth RM146.3mil for main building works for serviced apartments in Sentul, Kuala Lumpur.

TCS said its wholly-owned subsidiary TCS Construction Sdn Bhd has received a letter of

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