KUALA LUMPUR: Shares of KUB MALAYSIA BHD [] advanced 15.4% to a high of 64 sen in the afternoon on Tuesday, Oct 11 after it secured a RM268.79-million contract from Malaysia Airports Holdings Bhd for a runway job at KLIA2 in Sepang.
At 3.28pm, it was up 6.5 sen to 61.5 sen. There were 7.42 million shares done at prices ranging from 55.5 sen to 64 sen.
The FBM KLCI rose 13.3 points to 1,410.34. There were 550 gainers, 141 losers and 234 stocks unchanged. Turnover was 772.58 million shares valued at RM867.86 million.
KUB announced it had secured a RM268.79 million contract from Malaysia Airports Holdings Bhd for a runway job at KLIA2 in Sepang.
Its unit KUB Builders Sdn Bhd had accepted the contract to build Runway 3, its parallel connecting taxiways and associated works at KLIA2. The contract tenure was for 16 months and would contribute positively to its earnings for the financial year ending Dec 31, 2011.
At 3.28pm, it was up 6.5 sen to 61.5 sen. There were 7.42 million shares done at prices ranging from 55.5 sen to 64 sen.
The FBM KLCI rose 13.3 points to 1,410.34. There were 550 gainers, 141 losers and 234 stocks unchanged. Turnover was 772.58 million shares valued at RM867.86 million.
KUB announced it had secured a RM268.79 million contract from Malaysia Airports Holdings Bhd for a runway job at KLIA2 in Sepang.
Its unit KUB Builders Sdn Bhd had accepted the contract to build Runway 3, its parallel connecting taxiways and associated works at KLIA2. The contract tenure was for 16 months and would contribute positively to its earnings for the financial year ending Dec 31, 2011.
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