TCS Group bags RM323m construction contract

by BERNAMA / graphic by MZUKRI

TCS Group Holdings Bhd’s (TCS) wholly-owned subsidiary, TCS Construction Sdn Bhd, has secured a RM323 million contract from Cosmowealth Housing Development Sdn Bhd, a subsidiary of Mah Sing Group Bhd.

The contract is for the main building works of two blocks of 57-storey serviced apartments with 799 units each, 10-storey elevated car park, one level of underground car park, and one level of facility floor for M Arisa development in Kuala Lumpur .

TCS Group managing director Datuk Tee Chai Seng said the overall duration of the contract was 36 months commencing from the date of site possessions,” he said in a statement today.

The group remained positive on its outlook underpinned by the gradual recovery of the construction sector, an improved order book, as well as its active participation in tenders for both building construction and infrastructure segments, he added.