KUALA LUMPUR: Shares of Suria Capital Bhd surged in early trade on Friday, Jan 14 after its unit's consortium secured a RM1 billion contract to build a 300MW power plant in Kimanis, Sabah.
At 9.05am, it was up 16 sen to RM2.44 with 728,500 shares done.
The FBM KLCI rose 0.58 of a point to 1,572.14. Turnover was 73.35 million sahres done valued at RM58.77 million. There were 188 gainers, 50 losers and 128 stocks unchanged.
Suria Capital's unit SCHB Engineering Services Sdn Bhd and its partners CTCI Corporation, CTCI Overseas Corporation Ltd, CTCI Malaysia Sdn Bhd and Steamline (Malaysia) Sdn Bhd were awarded the contract by Kimanis Power Sdn Bhd.
The CONSTRUCTION [] period will be around three years. Suria Capital expects the contract to contribute positively to the earnings of SCHB Engineering for the financial year ending Dec 31, 2011.
At 9.05am, it was up 16 sen to RM2.44 with 728,500 shares done.
The FBM KLCI rose 0.58 of a point to 1,572.14. Turnover was 73.35 million sahres done valued at RM58.77 million. There were 188 gainers, 50 losers and 128 stocks unchanged.
Suria Capital's unit SCHB Engineering Services Sdn Bhd and its partners CTCI Corporation, CTCI Overseas Corporation Ltd, CTCI Malaysia Sdn Bhd and Steamline (Malaysia) Sdn Bhd were awarded the contract by Kimanis Power Sdn Bhd.
The CONSTRUCTION [] period will be around three years. Suria Capital expects the contract to contribute positively to the earnings of SCHB Engineering for the financial year ending Dec 31, 2011.
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