KUALA LUMPUR: Construction company TRC Synergy Bhd (TRC, 5054) has bagged a RM498.70mil contract from Putrajaya Holdings Sdn Bhd, the master developer of Putrajaya, for an integrated development project.
TRC Synergy said on Tuesday the contract was the largest clinched by its unit Trans Resources Corporation Sdn Bhd this year.
“With the addition of this new multi-million ringgit contract, TRC Synergy’s order book will effectively surge to the height of RM3bil,” it said.
The constructio of the project at Plot 8MD3, Precinct 8 of Putrajaya will be for 57 months. It will comprise residential towers, podium block, retail space, serviced apartments, common facilities, high street, facilities block for serviced apartments, facility floor, show gallery, event hall, promenade, basement as well as elevated parking and other ancillary works.
TRC Synergy managing director Tan Sri Sufri Mohd Zin said: “We are pleased to have secured TRC Synergy’s single largest contract win in 2018.
“This is a fitting testament to the trust and confidence that the Group has gained, given our more than three decades of track record for many prominent clients in the construction industry. This latest project underscores the calibre of our people and the quality of work that we consistently deliver.”
Suffri said having clinched new contracts totalling RM716mil this year, the group now has a strong order book of RM3bil as well as a clear revenue and earnings visibility stretching into 2021.