The Board of Directors of TSR Capital Berhad (TSR) announced that the company had on January 18, 2018, incorporated a wholly-owned subsidiary, TSR Development Sdn Bhd (TSRD), by subscribing for two ordinary shares, representing the entire issued share capital of TSRD. Its intended principal activity is as Property Developer. The Directors of TSRD are Dato' Wan Abd Razak Bin Ismail, Mr. Lim Dian Hoong and Encik Rahaimi Bin Abdul Rahman.