Quick take: Pesona Metro down despite RM319mil contract win

TheStar Tue, May 18, 2021 09:32am - 2 years View Original


KUALA LUMPUR: Shares in Pesona Metro Holdings Bhd edged down this morning despite securing a RM319mil construction and mechanical and engineering (M&E) contract.

The contractor fell 4.55%, or 1.5 sen to 31.5 sen with 10.1 million shares traded. The counter has risen some 28.5% so far this year.

Pesona Metro has secured a mixed development project worth RM319mil for the construction and M&E works for a 44-storey office tower for Tenaga Nasional Bhd in Kuala Lumpur.

Pesona Metro’s unit Pesona Metro Sdn Bhd has accepted the letter of award from Bayu Mantap Sdn Bhd.

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