Thursday, July 14, 2011

Ingress gets boost from Tenaga job

KUALA LUMPUR: INGRESS CORPORATION BHD [] shares advanced in early trade on Thursday, July 14 after its joint venture was awarded a RM85 million contract from TENAGA NASIONAL BHD [] for a transmission line in Bandar Nusajaya, Johor.

At 9.05am, Ingress rose four sen to 87.5 sen with 5,000 shares traded.

Ingress said on July 13 that its subsidiaries, Ramusa Engineering Sdn Bhd and Multi Discovery Sdn Bhd had received a letter of acceptance for the project which is expected to commence in the third quarter of the current financial year ending Jan 31, 2012

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