Ikhmas Jaya gains 2.16% on bagging RM188.6 mil contract

KUALA LUMPUR (June 6): Ikhmas Jaya Group Bhd rose 2.16% this morning after it bagged a RM188.6 million contract to undertake earthworks, piling, diaphragm and reinforced concrete works at the Bukit Bintang City Centre (BBCC) mixed development on Jalan Hang Tuah/Jalan Pudu here, where the former Pudu prison is located.

At 9.36am, Ikhmas Jaya rose 1.5 sen to 71 sen with 815,800 shares done.

This is the fifth contract win for the group for the year, bringing its total outstanding order book to RM881.5 million to date. This year alone, Ikhmas Jaya has secured contracts worth RM333.3 million. — theedgemarkets.com

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