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Hot Stock Vivocom up on Perak project
by Cals Thu 28 Apr 2016, 03:11
- Hot Stock
[size=28]Vivocom up on Perak project
By Chong Jin Hun / theedgemarkets.com | April 27, 2016 : 10:07 AM MYTKUALA LUMPUR (April 27): Vivocom Intl Holdings Bhd rose 0.5 sen or 1.6% on the proposed appointment of the builder as main contractor for a property project in Kinta, Perak.
At 9:45am, Vivocom shares were traded at 32 sen for a market capitalisation of RM814.99 million.
The seventh most-active stock on Bursa Malaysia saw some 12 million shares transacted.
Yesterday, Vivocom said it signed a heads of agreement with Green Ventures Development Sdn Bhd for the mixed development on a 3.11ha land. The contract is worth about RM90 million.
The Perak State Government owns the vacant land.
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