Bintai Kinden jumps 12.90% on being appointed MRT2 subcontractor
KUALA LUMPUR (Aug 10): Bintai Kinden Corp Bhd shares jumped 12.90% in early trade this morning after it was appointed subcontractor to undertake works related to the construction of elevated stations for the Mass Rapid Transit 2 (MRT2) project.
It anticipates the contract completing by November 2021.
At 9.l0am, Bintai Kinden rose 2 sen to 17.5 sen with 2.93 million shares done.
The contract, valued at a provisional sum of RM13.3 million, was awarded to its wholly-owned unit Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), by MRCB Builders Sdn Bhd on Aug 8. — theedgemarkets.com
Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
Telegram
Latest publications
Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
Malaysia's Most
Loved Property App
The only property app you need. More than 200,000 sale/rent listings and daily property news.
