Quick take: Gadang rises on new RM100mil contract

TheStar Mon, Sep 20, 2021 09:09am - 2 years View Original


KUALA LUMPUR: Shares in Gadang Holdings Bhd climbed in early trade Monday after securing a RM100.34mil subcontract works from Binary Vista Sdn Bhd.

The construction engineering company added 2.63%, or one sen to 39 sen at 9.10am. Year-to-date, it has fallen some 12.3%. Gadang-WB jumped 100%, or 0.5 sen to one sen.

Gadang said its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd (GESB), has secured a RM100.34mil subcontract works for Central Spine Road Package 2 from Binary Vista.

It said GESB would be the subcontractor to undertake demolition, site clearance, earthwork and access bridge to Kuala Berang, Terengganu.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

GADANG 0.390

Comments

Login to comment.