KUALA LUMPUR (Sept 15): TRC Synergy Bhd, along with its joint-venture (JV) partner Konsortium Kontraktor Melayu Sdn Bhd (KKM), has bagged an RM348.3 million contract from Mass Rapid Transit Corp Sdn Bhd to build a mass rapid transit (MRT) maintenance depot in Serdang, Selangor.

In a filing with Bursa Malaysia yesterday, TRC said Consortium KKM-TRC — a JV between its wholly-owned subsidiary Trans Resources Corp Sdn Bhd and KKM — had on Tuesday accepted the award from MRT Corp for Package DPT201 of the MRT Sungai Buloh-Serdang-Putrajaya project (MRT2), which involves construction of the Serdang maintenance depot, external works and other associated works.

“Barring unforeseen circumstances, the board is of the opinion that the project will contribute positively to the earnings and earnings per share of TRC Group in the future,” TRC added.

This article first appeared in The Edge Financial Daily, on Sept 15, 2017.

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