Monday, December 27, 2010

Kimlun advances in early trade

KUALA LUMPUR: Kimlun Corporation Bhd shares rose on Monday, Dec 27 after its chief executive officer Sim Tian Liang said the company had set a realistic growth rate of about 15% to 20% in 2011.

At 11am, Kimlun was up nine sen to RM1.57 with 482,200 shares done.

He said also said the company anticipates 2011 to provide tremendous opportunities for Kimlun to secure a higher quantum of new CONSTRUCTION [] contracts from the marketplace.

Apart from the MRT project in the Klang Valley, Sim told The Edge Financial Daily that Kimlun was eyeing the development of the RM10 billion Malaysian Rubber Board's land in Sungai Buloh and the construction of hospitals, and 50 additional 1Malaysia clinics as well as construction of 78,000 affordable houses.


No comments:

Post a Comment