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Mitrajaya unit bags RM52.19m job in Pahang
by Cals Fri 09 Oct 2015, 22:56
Mitrajaya unit bags RM52.19m job in Pahang
By Supriya Surendran / theedgemarkets.com | October 9, 2015 : 6:27 PM MYT
KUALA LUMPUR (Oct 9): Mitrajaya Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 2.00, Fundamental: 1.50)'s wholly-owned subsidiary Pembinaan Mitrajaya Sdn Bhd has bagged a RM52.19 million contract to undertake main infrastructure works at Pahang Technology Park in Gambang, Pahang, for the East Coast Economic Region Development Council Package1B.
In a filing with Bursa Malaysia today, Mitrajaya said the contract is for 78 weeks and is expected to be completed by April 18, 2017.
"The contract is expected to contribute positively to Mitrajaya Group’s future earnings," it added.
Mitrajaya shares closed up 8 sen or 7.41% at RM1.16 today, bringing a market capitalisation of RM744.21 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
By Supriya Surendran / theedgemarkets.com | October 9, 2015 : 6:27 PM MYT
KUALA LUMPUR (Oct 9): Mitrajaya Holdings Bhd ([You must be registered and logged in to see this image.] Valuation: 2.00, Fundamental: 1.50)'s wholly-owned subsidiary Pembinaan Mitrajaya Sdn Bhd has bagged a RM52.19 million contract to undertake main infrastructure works at Pahang Technology Park in Gambang, Pahang, for the East Coast Economic Region Development Council Package1B.
In a filing with Bursa Malaysia today, Mitrajaya said the contract is for 78 weeks and is expected to be completed by April 18, 2017.
"The contract is expected to contribute positively to Mitrajaya Group’s future earnings," it added.
Mitrajaya shares closed up 8 sen or 7.41% at RM1.16 today, bringing a market capitalisation of RM744.21 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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