KUALA LUMPUR: SCOMI GROUP BHD [] and SCOMI ENGINEERING BHD [] shares were actively traded on Monday, June 6 after Scomi Engineering and its consortium partners were awarded the RM2.6 billion Line 17 monorail project in Sao Paulo, Brazil.
At 9.20am, Scomi was up two sen to 30.5 sen with 10.2 million shares done and Scomi Engineering added 9.5 sen to 92.5 sen with 830,800 shares traded.
The monorail project awarded to the consortium which consists of Scomi, Andrade Gutierrez S.A. (AG Group), CR Almeida S.A. Engenharia de Obras and Montagens e Projetos Especiais SA (MPE) will cover the design works, manufacture, supply and implementation of the monorail system for the 18-km monorail Line 17, or the Gold Metro of S''o Paulo.
Scomi said the project was expected start in July this year and be completed in 42 months.
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At 9.20am, Scomi was up two sen to 30.5 sen with 10.2 million shares done and Scomi Engineering added 9.5 sen to 92.5 sen with 830,800 shares traded.
The monorail project awarded to the consortium which consists of Scomi, Andrade Gutierrez S.A. (AG Group), CR Almeida S.A. Engenharia de Obras and Montagens e Projetos Especiais SA (MPE) will cover the design works, manufacture, supply and implementation of the monorail system for the 18-km monorail Line 17, or the Gold Metro of S''o Paulo.
Scomi said the project was expected start in July this year and be completed in 42 months.
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