KUALA LUMPUR: Shares in Gagasan Nadi Cergas Bhd
edged up in early trade after securing construction contracts worth RM385mil.
The integrated construction specialist added 3.17%, or one sen to 32.5 sen with over one million shares done. Year-to-date, the counter has appreciated 4.8%.
Gagasan Nadi Cergas has secured contracts worth RM385mil from Paramount Corp Bhd to build 2,005 units of high-rise affordable homes in Selangor.
The turnkey contracts involve 929 units of affordable homes in Kemuning Utama worth RM189.79 million, and 1,076 units of affordable homes in Greenwood Salak Perdana worth RM195.21mil.
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