Wednesday, 9 May 2012

Sunway, TRC up on units getting MRT Corp jobs

KUALA LUMPUR (May 9): Sunway Bhd and TRC SYNERGY BHD [] shares respectively rose on Wednesday after their units were named among the four companies awarded additional CONSTRUCTION [] packages worth RM3.22 billion for the Sungai Buloh - Kajang MRT.

At 3.20pm, Sunway jumped 12 sen to RM2.42 with 1.38 million shares traded while TRC was up two sen to 74.5 sen wih 1.08 million shares done.

MRT Corp on Wednesday said Sunway’s unit Sunway Construction Sdn Bhd and TRC's subsidiary, Trans Resources Corporation Sdn Bhd were among the four companies awarded the additional packages.

Sunway Construction were awarded package V4 for worth RM1.17 billion for works between Section 17, Petaling Jaya and the Semantan Portal, while Trans Resources Corporation were awarded the Depot package worth RM458.98 million for works related to the Sungai Buloh depot in an open tender category.

Meanwhile, Trans Resources Corporation was awarded the final package for works related to the Sg Buloh Depot.

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