Bintai Kinden up 2.44% on RM74.5 mil Myanmar deal

KUALA LUMPUR (June 7): Bintai Kinden Corp Bhd rose 2.44% this morning after it bagged a US$17.5 million (RM74.5 million) deal in Myanmar to undertake air-conditioning and fire protection installation work.

At 9.37am, Bintai Kinden gained 0.5 sen to 21 sen with 1.81 million shares traded.

The contract for the two developments in Bahan township in Yangon — Somerset Serviced Apartment and 68 Residence — is expected to be completed by July 2018. — theedgemarkets.com

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