Pesona Metro bags jobs worth RM87m

KUALA LUMPUR: Construction firm Pesona Metro Holdings Bhd has bagged a RM87.15 million contract from Putrajaya Holdings Sdn Bhd, said the company in a filing with Bursa Malaysia.

Pesona Metro, which replaced Mithril Bhd on the local bourse, said its wholly owned subsidiary Pesona Metro Sdn Bhd had received the letter of award for the proposed construction and completion of the remaining and rectification works of government office building and external works for the Election Commission’s office. The company said the project is for a duration of 11 months and is expected for completion on May 9 next year.

Pesona Metro said the project will contribute to its earnings and net assets for the 2013 financial year ending December (FY13) and FY14. The stock closed one sen or 2.99% lower to 32.5 sen with a trade volume of 1.65 million. Its latest reported book value per share is 14.56 sen.


This article first appeared in The Edge Financial Daily, on June 12, 2013.