TSR Capital secures RM75m contract for construction work in Gombak
The construction firm said its wholly-owned TSR Bina Sdn Bhd had accepted the contract from Sime Darby Property Bhd.
The construction firm said its wholly-owned TSR Bina Sdn Bhd had accepted the contract from Sime Darby Property Bhd.
Bina Darulaman said the transition “will not affect BDB’s financial integrity” as KPMG has not audited BDB’s financial reports for the financial year ending Dec 31, 2024 (FY2024).
The construction of the terraced houses is expected to be completed within three years, while the substations are projected to be finished within six months after receiving the architect’s instructions, the company said.
The planned launches during the year with a total estimated gross development value (GDV) of RM459 million include new phases of double-storey houses within Glomac’s established township developments.
Rate cuts in the US have been mostly positive for the FBM KLCI with a median return of 8% over a 12-month period after a US rate cut, Kenanga said in a note.
An initial quota of 150MW for NEM Rakyat was fully taken up in November 2023, alongside the initial 800MW for commercial and industrial segment dubbed NEM Nova.
Following the termination, Sinmah Capital said it shall receive a settlement sum of RM12.
“As the national economy is projected to remain in the range of 4.
“Their resignation was based on mutual consent to enable the company to benefit from fresh perspectives and views of another audit firm,” said Bina Darulaman.
The construction company — formerly known as M-Mode Bhd — however, did not provide any details about the project in its bourse filing.