Friday 29 Mar 2024
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KUALA LUMPUR (Oct 31): Vertice Bhd announced today that its unit has secured a sub-contract job worth RM25 million, involving modification works at the musical amphitheatre Arena of Stars in Genting Highlands, Pahang.

The subcontract, comprising roof covering and acoustic works at the theatre, will be undertaken from Nov 1, 2018 to April 21, 2019, Vertice said in an exchange filing today.

The subcontract is expected to contribute positively towards the group’s earnings and net tangible assets during the six-month period of the subcontract, it added.

Shares of Vertice closed four sen up or 5% at 84 sen today, bringing it a market capitalisation of RM157 million.

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