Rohas shares rise on contracts from Tenaga
Published on: Wednesday, February 21, 2018
Kuala Lumpur: Rohas Tecnic Bhd's (RTB) shares rose in early trade Tuesday, after its 75 per cent-owned subsidiary, HG Power Transmission Sdn Bhd, bagged two contracts for the supply and installation of transmission lines by TNB worth a combined RM249.63 million. As at 10 am, RTB share was seven sen higher at RM1.47 with 34,200 units transacted.In a filing to Bursa Malaysia on Monday, RTB said the first contract, valued at RM126.85 million, involved the supply and installation of 31.8 kilometres (km) of 500 KV Double Circuit Transmission Line and 22.3 km of 275 KV Double Circuit Transmission Line on a Turnkey Basis.
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