MMHE gains 8% on news of Petronas contract


KUALA LUMPUR: Shares of Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) rose in early trade Wednesday, after the company announced that it won a fixed offshore structure contract from Petroliam Nasional Bhd (Petronas).

The counter rose 7.87%, or five sen to 68.5 sen, its highest since early October 2018.

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