SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

TSR Capital unit secures 48 million RGT contract for Selangor infrastructure projects

#International News#Infrastructure
Last Updated : 22nd Dec, 2025
Synopsis

TSR Capital Bhd's subsidiary has accepted a 48 million RGT Letter of Award from Sime Darby Property for infrastructure and ancillary works in Bukit Raja, Selangor. The project will involve civil and supporting construction tasks that contribute to the development of the area. With prior experience in executing similar contracts, TSR Capital strengthens its footprint in the Malaysian construction sector. The project is expected to enhance connectivity, utilities, and overall urban development in Selangor, reflecting ongoing partnerships between major property developers and experienced construction firms in the country.

TSR Capital Bhd has announced that one of its subsidiaries has accepted a Letter of Award (LoA) worth 48 million RGT for the construction of infrastructure and ancillary works in Selangor Darul Ehsan. The contract has been issued by Sime Darby Property for development projects in the Bukit Raja area.


The awarded works will involve comprehensive infrastructure construction, supporting the ongoing development plans of Sime Darby Property in the region. TSR Capital's unit will be responsible for executing all related civil and ancillary tasks, contributing to the growth of the area's urban framework. The company has a track record of handling similar infrastructure projects, and this contract reinforces its position in the Malaysian construction sector.

The Selangor project is expected to support local development initiatives, improving connectivity and utilities for the surrounding community. TSR Capital has previously undertaken multiple contracts in the region, highlighting its experience in managing large-scale construction assignments. The unit's role in this project emphasizes the growing collaboration between private construction firms and major property developers in Malaysia.

Source Reuters

Have something to say? Post your comment