JL's Stock Picks and Coverages

Bina Puri lands a MEGA PROJECT!

Callmejholow
Publish date: Tue, 16 Jul 2019, 10:09 AM
I will share some info and coverage on some stocks whom I think deserves more shoutouts!

BINA PURI SECURED A NEW CONTRACT.... IN IRAQ!!! Wow.... IRAQ!!! 

 

As mentioned in The Edge Malaysia, Bina Puri Holdings Bhd has secured a contract worth RM303 million in Iraq. 

In a filing to Bursa Malaysia today, Bina Puri said its unit Bina Puri Sdn Bhd had accepted a letter of award dated June 11, 2019 from Thi Qar Governate, Republic of Iraq, in respect of the proposed Dual Lane Road from Al-Islah Junction to Al-Jabayish at Nasirya City.

It said the contract was for a period of 36 months from date of commencement. Bina Puri said with the latest contract, its project book order will increase to RM1.56 billion. The group said the contract is expected to contribute positively to its earnings for the financial year ending June 30, 2020. 

 

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment