Wednesday, December 28, 2011

Ingress Corp extends gains on positive news flow

KUALA LUMPUR (Dec 28): INGRESS CORPORATION BHD [] shares extended their gains in early trade on Wednesday as a slew of positive news flow piqued investors' interest in the stock.

At 9.05am, Ingress rose 3.5 sen to 80.5 sen with 91,800 shares traded.

On Tuesday, Ingress Corp said its subsidiaries via their joint venture had secured contracts worth a total RM55 million from TENAGA NASIONAL BHD [].

Last week, Ingress received a letter of acceptance from Perusahaan Otomobil Nasional Sdn Bhd (Proton) with a total value of RM84.8 million over a period of five years to supply parts for new Proton models.


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