Monday, November 14, 2011

Kimlun rises on new Iskandar Malaysia contract

KUALA LUMPUR (Nov 14): Kimlun Corporation Bhd shares advanced in early trade on Monday, Nov 14 after it secured a contract worth RM68 million to build a service apartment in Iskandar Malaysia in Johor.

At 9.11am, Kimlun was up three sen to RM1.55 with 3,900 shares traded.

In a filing Friday, Nov 11, Kimlun said its wholly-owned subsidiary Kimlun Sdn Bhd had accepted the letter of award for the contract from Grand Action Sdn Bhd.


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