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Gamuda Hits Record High: Analysts Optimistic About Malaysia's Construction Sector
Gamuda announced the securing of an AUD 1.6 billion (MYR 5 billion) contract on Thursday. The stock price has risen by more than 80% since the beginning of the year. Analysts are optimistic about Gamuda's performance and predict that the prospects of Malaysia's construction industry will further improve in the second half of 2024.
MY Morning Wrap | Nestcon Aims to Raise RM27.27 Million via Private Placement
Stocks to watch: Nestcon, Johor Plantations, Toyo Ventures.
Toyo Ventures, Theta Edge, KNM, REDtone, Johor Plantations, Kimlun, JAKS Resources, Uzma, Radiant Globaltech, Tafi Industries, Minetech, Nestcon, EVD
Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.
Nestcon Aims to Raise RM27m via Private Placement to Repay Bank Borrowings
Nestcon Bhd (KL:NESTCON) aims to raise RM27.27 million through a private placement of 70.82 million shares or 10% of its enlarged share base.
Nestcon Unit Bags MYR21 Million EPCC Deal
Nestcon (KLSE:NESTCON) said its unit Nestcon Solar secured a deal worth 21 million ringgit from Heliosel, according to a Thursday Malaysian bourse filing. The deal for the design, engineering, procure
Nestcon Bags RM21m EPCC Job for Sungai Selangor Solar Plant
Nestcon Bhd (KL:NESTCON) has secured an engineering, procurement, construction, and commissioning (EPCC) contract worth RM21 million for the development of the selco solar photovoltaic (PV) plant at the Sungai Selangor Phase 1 water treatment plant - Package L5.
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