KUALA LUMPUR (June 15): TRC Synergy Bhd's unit has secured a RM43 million maintenance contract from BHIC Submarine Engineering Services Sdn Bhd to maintain the Royal Malaysian Navy Submarine Base in Kota Kinabalu, Sabah.

TRC said in a bourse filing that its wholly-owned Trans Resources Corp Bhd accepted the two-year award on May 28.

The job involves corrective maintenance of Zone D area, jetty facilities building, bosun building, floating breakwater jetty, shiplift jetty (underwater structure) and safety conditioning facilities at the Royal Malaysian Navy Submarine Base.

TRC Synergy shares rose half a sen or 1.37% to close at 37 sen today, giving it a market capitalisation of RM177.78 million.