Quick take: Widad up 6% after RM90mil contract win

TheStar Thu, Apr 22, 2021 09:14am - 3 years View Original


KUALA LUMPUR: Shares in Widad Group Bhd rose in early trade Thursday after securing a RM89.8mil contract in Kedah.

The counter rose 6%, or three sen to 53 sen with over 24 million shares done. Widad-WA added 7.94%, or 2.5 sen to 34 sen with 16 million shares exchanged hands.

Widad has bagged a RM89.8mil contract from the Kedah state government to upgrade the Sungai Limau water treatment plant in Baling.

It said the project would be undertaken by its wholly-owned subsidiary Widad Builders Sdn Bhd, which is involved in construction and integrated facilities management activities.

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