Friday, September 17, 2010

Bina Puri climbs with new projects, order book RM2.57b

KUALA LUMPUR: Shares of BINA PURI HOLDINGS BHD [] advanced in early trade on Friday, Sept 17 after it secured a RM95.69 million project which pushed its order book to RM2.57 billion to date.

At 9.05am, Bina Puri was up seven sen to RM1.26 with 274,200 shares done.

The FBM KLCI was up 2.07 points to 1,475.02. Turnover was 23.93 million shares valued at RM39.6 million. There were 86 gainers, 24 losers and 72 stocks unchanged.

Bina Puri said on Wednesday it had secured a contract to build the proposed 13-storey Plaza Merdeka commercial complex/hotel along Pearl Street, Kuching for RM95.69 million.

It had accepted a letter of award from Rakyat Elite Sdn Bhd for the project which was expected to be completed within 19 months.

The recent award saw the group's current book order stands at RM2.57 billion as at to date.'' The group had managed to secure new projects worth RM1.62 billion in 2010.

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