Bina Puri share slips despite new Petronas job
Published on: Saturday, September 05, 2015
Kuala Lumpur: Bina Puri Holdings Bhd's share price eased Friday morning despite securing a RM94.94 million Petronas job at the Pengerang site. The company's share inched down half-a-sen to 36.5 sen, as at 9.56 am, with 151,000 shares changing hands.The contract is for civil works in a steam cracker complex within the site of Petronas' RM60 billion Refinery and Petrochemical Integrated Development (RAPID) Project in Pengerang, Johor. The contract will begin in January 2016 and is set for completion in 27 months. – Bernama
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Its unit, Bina Puri Sdn Bhd, accepted a letter of award from Toyo Engineering & Construction Sdn Bhd on Aug 12.Bina Puri Group Executive Director Matthew Tee said the group was still actively tendering for various projects, both locally and overseas. Stay up-to-date by following Daily Express’s Telegram channel.
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With the latest award, the group's un-built book order now stands at RM2.72 billion. The group secured RM933 million worth of projects in 2015. – Bernama