Bursa Malaysia Stock Watch

Fajarbaru rises on Halal Park job

kltrader
Publish date: Fri, 22 Oct 2010, 10:20 AM
kltrader
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KUALA LUMPUR: Fajarbaru Builder Group Bhd shares advanced on Friday, Oct 22 after landing a contract worth RM36.47 million from the East Coast Economic Region Development Council (ECERDC) for the CONSTRUCTION [] of the first phase of the Pasir Mas Halal Park in Kelantan.

At 9.30am, Fajarbaru was up four sen to RM1.08 with 1.55 million shares traded.

On Thursday, Fajarbaru said its unit Fajarbaru Builder Sdn Bhd had received the letter of acceptance from the ECERDC on Tuesday.

It said the construction period was 15 months commencing from the date of possession on Nov 1 this year.
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