KUALA LUMPUR: TSR Capital Bhd

said its wholly-owned subsidiary TSR Bina Sdn Bhd has secured a RM16.9mil contract from MIE Industrial Sdn Bhd for site clearing and earthworks in Seremban.

It said in its filing with Bursa Malaysia the contract is for a duration of four months, to be completed by the fourth quarter of 2026.

Barring any unforeseen circumstances, the board of directors of TSR is of the opinion that the contract is expected to contribute positively to the earnings and net assets of the Group for the financial year ending June 30, 2027.