Share
KUALA LUMPUR (June 12): Ikhmas Jaya Group Bhd shares rose 4.76% in active trade this morning after the firm won a RM405 million subcontract for the construction and completion of LRT 3 from Bandar Utama to Johan Setia, Package GS09 — Guideway, Stations, Park and Ride, Ancillary Buildings and Other Associated Works.
At 9.20am, Ikhmas Jaya rose 1 sen to 22 sen with 6.43 million shares traded.
The 26-month sub-contract is expected to contribute positively to its earnings for FY19 to FY21 — with the win bringing total contracts secured in 2019 to RM875 million.
TOP PICKS BY EDGEPROP
Broadleaf Residences, Hometree
Kota Kemuning, Selangor
Bandar Baru Sungai Buloh
Sungai Buloh, Selangor
Jardin Residences @ Bandar Seri Coalfields
Sungai Buloh, Selangor
Bandar Baru Sri Damansara
Bandar Sri Damansara, Selangor
Perdana Exclusive Condominium
Damansara Perdana, Selangor
Bayou Water Village Leisure Farm
Gelang Patah, Johor
The Gateway @ Horizon Hills
Iskandar Puteri (Nusajaya), Johor
