KUALA LUMPUR (July 5): Shares in UEM Edgenta Bhd rose 2.46% this morning after it secured contracts for the provision of hospital support services to the Ministry of Health, Singapore, worth up to RM540.06 million. 

At 9.40am, UEM Edgenta added 7 sen to RM2.92 for a market capitalisation of RM2.42 billion.

UEM Edgenta said its indirect 97.46% subsidiary UEMS Solutions Pte Ltd accepted the contracts for the provision of hospital support services to the restructured hospitals in Singapore, which include housekeeping and portering services. 

The total value of the contracts is estimated to be between RM429.96 million to RM540.06 million, with the final value dependent on the actual manpower resources deployed.