Thursday, June 23, 2011

Mudajaya up on RM1b jobs target

KUALA LUMPUR: MUDAJAYA GROUP BHD [] share price rose on Thursday, June 23 after the company said it was expecting to add another RM1 billion worth of jobs to its order book over the next 12 months.

At 9.25am, Mudajaya was up six sen to RM4.57 with 71,800 shares traded.

Mudajaya managing director Ng Yin Loong had said the company was currently bidding mostly for power plants, some hospital contracts and other works such as the LRT extension packages. Its order book currently stands at around RM5 billion.

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