A surprise from Weida

Higher income: The company’s shares gained momentum following news that it has been awarded a government concession to build new buildings and facilities for the Sarawak general hospital worth at least RM351mil.

PETALING JAYA: Sarawak-based Weida (M) Bhd seems to be basking in a sweet spot of growth.

The low-profile company, which is already in a position to benefit from the ongoing construction of the Pan Borneo Highway project in its home state, is set to see its income prospects improve further with the hospital concession that it has just bagged over the week.