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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , weida , hospital , concession , stocks , shares , Borneo , highway ,

   

Next In Business News

Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs

Others Also Read