Saturday 20 Apr 2024
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KUALA LUMPUR (Sept 25): Bintai Kinden Corporation Bhd shars rose 6.67% in early trade today after it bagged a RM14.03 million contract from Tenaga Nasional Bhd to set up a 132kV gas insulated switchgear switching station at Kuchai Lama, Kuala Lumpur.

At 9.05am, Bintai Kinden rose 1 sen to 16 sen with 459,400 shares done.

The group's wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd accepted the award, Bintai Kinden said.

It said the contract is non-renewable and estimated to be completed within 710 days from the commencement date.

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