The Board of Directors of JTGB wishes to announce that Jati Tinggi Holding Sdn Bhd (Registration No. 200301020328 (622748-W)), a wholly-owned subsidiary of the Company had on 30 September 2024 accepted a Letter of Award issued by Worktime Engineering Sdn Bhd (Registration No. 200201014648 (582311-P)) to perform sub-contract works for a contract namely “132KV SINGLE CIRCUIT FOR PMU LOCATED AT CYBERJAYA”.
The contract sum for the Works shall be the amount of RM50,866,615.69 (Ringgit Malaysia Fifty Million Eight Hundred Sixty-Six Thousand Six Hundred Fifteen and Sixty Nine Cents only) based on fixed contract rate basis (subject to re-measurement), excluding Sales and Service Tax.
Jati Tinggi Group is eyeing to extend the bullish trajectory after staging a bullish breakout on high volume. The counter printed a long white candlestick and closed above the MYR0.50 resistance, showing a strong bullish momentum is underway. After the breakout, we expect a follow-through price action to test the MYR0.57 level, followed by the MYR0.635 mark. On the other hand, falling below the MYR0.44 support will negate the bullish setup and set off a correction phase.
Jati Tinggi Group Bhd has won the tender for a RM25.5mn contract from Tenaga Nasional Bhd to lay underground double-circuit cables for a data centre in Selangor.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
OppenHermes
190 posts
Posted by OppenHermes > 2024-08-14 21:09 | Report Abuse
It takes a break at the moment ..