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Tag Archives: Gadang

Quick take: Gadang rises on new RM100mil contract


KUALA LUMPUR: Shares in Gadang Holdings Bhd climbed in early trade Monday after securing a RM100.34mil subcontract works from Binary Vista Sdn Bhd.

The construction engineering company added 2.63%, or one sen to 39 sen at 9.10am. Year-to-date, it has fallen some 12.3%. Gadang-WB jumped 100%, or 0.5 sen to one sen.

Gadang said its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd (GESB), has secured a RM100.34mil subcontract works for Central Spine Road Package 2 from Binary Vista.

It said GESB would be the subcontractor to undertake demolition, site clea

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Trading ideas: Gadang, Handal, Bioalpha, Revenue Group


KUALA LUMPUR:: Gadang, Handal, Bioalpha, Revenue Group and Southern Cable are among the stocks to watch on Monday after their corporate announcements, JF Apex Research says.

Gadang secured a RM100.34mil sub-contract under the Central Spine Road (CSR) project, a 347km toll-free highway aimed at motorists travelling between Bentong in Pahang and Kelantan.

As for Handal Energy, it secured a new contract from Tanjung Offshore Services Sdn Bhd for the provision of portable crane equipment and services package.

Southern Cable has received the nod from the Securities Commission to transfer its listing status to the Main Market of Bursa Malaysia, 11 months after its ACE Market debut in October 2020.

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Gadang bags Central Spine road subcontract worth RM100mil


KUALA LUMPUR (Bernama) -- Gadang Holdings Bhd’s wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd (GESB), has secured a RM100.34 million subcontract works for Central Spine Road Package 2 from Binary Vista Sdn Bhd.

In a filing with Bursa Malaysia, the company said GESB would be the subcontractor to undertake demolition, site clearance, earthwork and access bridge to Kuala Berang, Terengganu.

It said the subcontract is expected to contribute positively to the earnings and net assets of Gadang for the financial year ending May 31, 2022 and onwards, during the du

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