Bintai Kinden rises 4.88% on landing Singapore government contract

KUALA LUMPUR (June 29): Bintai Kinden Corp Bhd rose 4.88% this morning after its 69.82%-owned subsidiary in Singapore has won a S$10.4 million (RM32.4 million) government contract to provide integrated facilities management services.

At 9.28am, Bintai Kinden rose 1 sen to 21.5 sen with 688,800 shares traded.

In a filing with Bursa Malaysia today, Bintai Kinden said Bintai Kindenko Pte Ltd will undertake the job, which includes mechanical and engineering work, at the National Development Ministry's offices in Jem Office Tower. — theedgemarkets.com

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