KUALA LUMPUR: Shares in Ta Win Holdings Bhd
rose over 4% in early trade after the company announced a partnership with Perbadanan Memajukan Iktisad Negeri Terengganu (PMINT) to develop an industrial park.
The copper wire and rod maker added 4.26%, or one sen to 24.5 sen with 15.11 million shares done. Ta Win-Pa and Ta Win-WA added 0.5 sen each to 14.5 sen amd 8.5 sen respectively.
Ta Win is teaming up with PMINT to jointly develop an industrial park at a gross development cost of RM2.4bil in Kemaman, Terengganu.
Ta Win said it has entered into a JV agreement (JVA) with PMINT for the proposed development likened to the Kitakyushu Eco-Town project in Fukuoka, Japan.
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