Sunday, 09 Aug 2020
BUSINESS
29/07/2020 07:54 PM

KUALA LUMPUR, July 29 -- TCS Group Holdings Bhd's unit TCS Construction Sdn Bhd has bagged a RM146.30 million contract from Southern Score Sdn Bhd for main building works of a serviced apartments project.

The group said the project, known as the Vista Sentul Residences, will start on Aug 3 and is expected to be completed by Feb 2, 2023.

"The contract is expected to contribute positively to the future earnings and net assets for the duration of the contract," it said in a filing with the stock exchange.

The group intends to fund the project via internally generated funds or borrowings.

Southern Score is principally engaged in the business of construction, contracting, subcontracting and property development.

-- BERNAMA

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