Quick take: Muhibbah Engineering unperturbed by RM585mil contract cancellation

TheStar Fri, Jan 18, 2019 09:43am - 5 years View Original


KUALA LUMPUR: Shares of Muhibbah Engineering (M) Bhd (MEB) appear unperturbed by the cancellation of its RM585mil wharf contract by Bintulu Port Authority.


   

Analysts, however, are negatively surprised with the unexpected contract termination. They are expecting a fair compensation for MEB.


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