Jaycorp shares up after unit wins RM12.6m contract
19 Sep 2017 / 11:27 H.
PETALING JAYA: Jaycorp Bhd's share price rose 0.7% this morning, after its unit Jaycorp Engineering and Construction Sdn Bhd (JEC) clinched a RM12.6 million contract to undertake construction works under the University Malaysia Sabah (UMS) project.
At 10.53 am, Jaycorp's shares stood at RM1.44 with 11,300 shares changing hands. Jaycorp's market capitalisation stood at RM196.9 million.
Jaycorp said JEC will undertake the building works to build and deliver the one storey-gallery and auditorium for the project.