Muhibbah Engineering share price rises after job win
11 Oct 2017 / 12:01 H.
PETALING JAYA: Muhibbah Engineering (M) Bhd's shares rose 1.06% this morning, after it bagged a RM168 million contract from the East Coast Economic Region Development Council (ECERDC).
At 11.26 am, the stock stood at RM2.86 with 161,000 shares changing hands. It has a market capitalisation of RM1.37 billion.
The group said the contract is for the construction and completion of main infrastructure works for Kertih Biopolymer Park at Kemaman, Terengganu.