KUALA LUMPUR, Nov 6 (Bernama) -- TRC Synergy Bhd’s wholly owned subsidiary TRC Construction Sdn Bhd (TRC) and its joint venture (JV) comprising China Communications Construction Company Ltd (CCCC) and Ufuk Semarak Sdn Bhd (UFUK) (CCCC-TRC-UFUK JV) secures RM2.69 billion Penang Light Rail Transit (LRT) project works contract worth RM2.69 billion.
TRC Synergy-CCCC-UFUK Semarak JV Lands RM2.69 Bln Penang LRT Works Contract
TRC, CCCC-TRC-UFUK, joint venture, contract, LRT
BE Bernama 
Key takeaways
TRC Synergy’s subsidiary and its JV with CCCC and UFUK secured a RM2.69 billion contract to design, build and complete a sea‑crossing viaduct, elevated station and related works for the Penang LRT, spanning five years.
- Contract covers design, construction and completion of a sea‑crossing viaduct and elevated station from Macallum to Penang Sentral.
- Duration is five years and will not affect TRC’s share capital or shareholder holdings.
- TRC’s 30% stake in the JV is expected to boost its revenue and earnings during the contract period.
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