KUALA LUMPUR: RANHILL BHD []'s share price rose in early trade on Friday, July after the company and its partner STS Educational Group Ltd were pre-qualified by the Bangladesh Power Development Board to undertake a power plant project.
At 9.30am, Ranhill was up 4.5 sen to 81 sen with 2.62 shares done.
They were prequalified to bid for the development of a 150MW to 225 MW combined power plant project at Bhola, Bangladesh, Ranhill said in a filing to Bursa Malaysia on July 29.
"The total project cost is estimated at US$200 million (RM638 million). The closing date for the bid is by the last quarter of 2010," it said.
At 9.30am, Ranhill was up 4.5 sen to 81 sen with 2.62 shares done.
They were prequalified to bid for the development of a 150MW to 225 MW combined power plant project at Bhola, Bangladesh, Ranhill said in a filing to Bursa Malaysia on July 29.
"The total project cost is estimated at US$200 million (RM638 million). The closing date for the bid is by the last quarter of 2010," it said.
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