KUALA LUMPUR: Shares in TCS Group Holdings Bhd
rose in early trade Monday after securing a RM177.19mil infrastructure project.
The counter rose 1.72%, or one sen to 59 sen, its highest in three weeks with 21.33 million shares done. It is trading at a PE ratio of 12.9 times.
TCS’ wholly-owned subsidiary, TCS Infra Sdn Bhd, has secured an infrastructure project for part of Section 7, Part 2 of 2 of the West Coast Expressway (WCE) worth RM177.19mil.
TCS said the group had accepted the letter of acceptance from KEB Builders Sdn Bhd for the contract, which is the final section of West Coast Expressway project.
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