Wednesday, October 12, 2011

Gadang rises on Shah Alam hospital contract

KUALA LUMPUR: GADANG HOLDINGS BHD [] shares rose in early trade on Wednesday, Oct 12 after its subsidiary secured a RM410.87 million contract from the Public Works Department to complete the abandoned works at the Shah Alam Hospital.

At 9.05am, Gadang added 4.5 sen to 66.5 sen with 1.28 million shares traded.

Its unit Gadang Engineering (M) Sdn Bhd had accepted the letter of acceptance for the project at the 300-bed hospital.

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