BDB shares rise after MoU
17 Apr 2018 / 11:38 H.
PETALING JAYA: Shares of Bina Darulaman Bhd (BDB) rose two sen or 4.44% this morning, after its unit inked a memorandum of understanding (MoU) with nine anchor retailers for its Axis Commercial Hub development yesterday.
At 11.12am, the stock stood at 47 sen with 9,000 shares changing hands, giving it a market capitalisation of RM142.8 million.
The Axis Commercial Hub, located in the township development of Bandar Darulaman, Jitra, would start construction this month and was targeted for completion by end-2019.