<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 17): Kumpulan Jetson Bhd has been awarded a RM78.93 million contract by Asia Pacific University Sdn Bhd for the construction of a private higher education institution.</p></div>

<div class=newsTextDataWrapInner><p>In a filing today, the company said its wholly-owned subsidiary Jetson Construction Sdn Bhd has accepted the contract, which is expected to be completed by June 30, 2021.</p></div>

<div class=newsTextDataWrapInner><p>“The contract is not expected to have a material effect on the net assets and gearing of Jetson for the financial year ending Dec 31, 2020.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The contract is expected to contribute positively to the earnings and earnings per share of Jetson and its group of companies for the financial year ending Dec 31, 2020,” it said.</p></div>

<div class=newsTextDataWrapInner><p>Jetson’s share price rose half a sen or 4.35% to close at 12 sen, giving a market capitalisation of RM25.39 million.</p></div>


Kumpulan Jetson Bhd has been awarded a RM78.93 million contract by Asia Pacific University Sdn Bhd for the construction of a private higher education institution.

In a filing today, the company said its wholly-owned subsidiary Jetson Construction Sdn Bhd has accepted the contract, which is expected to be completed by June 30, 2021.

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<p>Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.</p>


<p>Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations including its natural gas and oil businesses.</p>


<p>The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.</p>


<p>US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.</p>
