Tanco’s unit secures construction work for Rumah Selangorku project for RM82.76 mil

• The company said its indirect wholly owned Tanco Builders Sdn Bhd (TBSB) had accepted the letter of award (LOA) from Arkitek CKL, on behalf of WGBSB, to undertake the main building and infrastructure works for the project, which will have one block of Rumah Selangorku apartments (400 units).

KUALA LUMPUR (July 26): Tanco Holdings Bhd’s unit has secured a contract for the construction of a Rumah Selangorku project from Win Global Builder Sdn Bhd (WGBSB) for RM82.76 million.

In a filing to Bursa Malaysia on Wednesday (July 26), the company said its indirect wholly owned Tanco Builders Sdn Bhd (TBSB) had accepted the letter of award (LOA) from Arkitek CKL, on behalf of WGBSB, to undertake the main building and infrastructure works for the project, which will have one block of Rumah Selangorku apartments (400 units).

TBSB is expected to complete the works within 32 months once the commencement contract date is decided.

WGBSB is the developer of the project, which will also a kindergarten, parking lots and attendant facilities such as surau, management office, hall, shops, swimming pool, refuse chamber and guard post.

In April, WGBSB had appointed Tanco Properties Sdn Bhd, another indirect wholly owned unit of Tanco, to be the project management consultant of the project.

Tanco shares closed half a sen or 0.9% higher at 56 sen on Wednsday, valuing the company at RM1.07 billion.