Share
KUALA LUMPUR (Oct 6): Gabungan AQRS Bhd and WCT Holdings Bhd rose this morning on winning contracts related to the LRT3 proejct.
At 9.06am, Gabungan AQRS rose 4.68% or 8 sen to RM1.79 with 580,000 shares done.
Meanwhile, WCT added 2.86% or 5 sen to RM1.80 with 155,200 shares traded.
Gabungan AQRS was awarded an LRT3 contract worth about RM1.14 billion to construct guideway, stations, park-and-ride, ancillary buildings and other associated works.
The project is for 38 months and is expected to contribute positively to Gabungan AQRS's earnings for FY17 onwards.
Meanwhile, another LRT3 contract, worth RM640 million, was won by WCT to build the guideway and other associated works from Merchant Square to Suria Damansara, stretching 2.9km long with two stations. — theedgemarkets.com
For more stories, download EdgeProp.my pullout here for free.
TOP PICKS BY EDGEPROP
Bandar Baru Sri Petaling
Bandar Baru Sri Petaling, Kuala Lumpur
OUG Parklane
Jalan Klang Lama (Old Klang Road), Kuala Lumpur
Ridgefield Residences @ Tropicana Heights Kajang
Kajang, Selangor
Bandar Baru Permas Jaya
Permas Jaya/Senibong, Johor
Maya Heights-Stella series @ Bandar Seri Alam
Masai, Johor
Kipark Apartment ( KIP Villa Indah )
Tampoi, Johor
Kipark Apartment ( KIP Villa Indah )
Tampoi, Johor
Kipark Apartment ( KIP Villa Indah )
Tampoi, Johor
