Friday 29 Mar 2024
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KUALA LUMPUR (April 17): Gadang Holdings Bhd shares rose 2.17% this morning after it bagged a contract worth RM38.52 million to build a tiered bridge connecting the northern and southern sites of Tun Razak Exchange Development (TRX) from TRX City Sdn Bhd.

At 9.15am, Gadang added 1.5 sen to 70.5 sen with 1.59 million shares traded.

Its unit Gadang Engineering (M) Sdn Bhd was awarded the contract to build the bridge, comprising a passage for vehicles, walkways for pedestrials, and a closed passage for utility installations on the ground floor.

The project is expected to commence on July 1 and is targeted for completion in the third quarter of 2020.

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