Kimlun share price flat despite job win
18 Sep 2017 / 10:42 H.
PETALING JAYA: Kimlun Corp Bhd's share price remained flat at RM2.16 this morning, after announcing that its wholly-owned subsidiary Kimlun Sdn Bhd bagged RM214.7 million contract on Friday.
As at 10.11 am, Kimlun' share price stood at RM2.16 with 1,500 shares changing hands. It has a market capitalisation of RM690.4 million.
Kimlun said the contract, which was awarded by Hillcrest Gardens Sdn Bhd, is for the construction of two blocks of condominiums and ancillary buildings at Mukim Petaling, Selangor.
The construction work is expected to be completed by June 2020.