Kimlun rises 5.33% on bagging RM80.43m construction job

KUALA LUMPUR (June 7): Kimlun Corp Bhd rose 5.33% at mid-morning today after it bagged a construction job worth S$27 million (RM80.43 million) from M+W Singapore Pte Ltd.

At 11am, Kimlun rose 8 sen to RM1.58 with 64,300 shares done.

Kimlun said its wholly-owned subsidiary SPC Industries Sdn Bhd has accepted a letter of award from M+W Singapore for the supply and delivery of pre-cast concrete building components for S$27 million.

The supply and delivery of the components will be completed by the end of December 2018. — theedgemarkets.com

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