KUALA LUMPUR: Shares of Quality Concrete Bhd advanced in morning trade on Tuesday, May 24 after its joint venture with PUNCAK NIAGA HOLDINGS BHD [] inked a RM667.32 million rural water supply project in Sarawak.
At 11.51am, Quality was up 13 sen to RM1.38 while Puncak added two sen to RM2.10.
On Monday, Puncak said the 40:60 Konsortium Puncak Niaga Holdings Bhd-Quality Concrete had signed the contract to supply rural water from 2010 to 2012. The completion period is Dec 31, 2012.
At 11.51am, Quality was up 13 sen to RM1.38 while Puncak added two sen to RM2.10.
On Monday, Puncak said the 40:60 Konsortium Puncak Niaga Holdings Bhd-Quality Concrete had signed the contract to supply rural water from 2010 to 2012. The completion period is Dec 31, 2012.
