GFM shares gains on contract win

KUALA LUMPUR: Shares of GFM Services Bhd gained on Thursday after the service provider announced a RM33.4mil contract win.

Its shares rose by 3.48%, or two sen to 59.5 sen with some 1.9 million shares changed hands.

GFM has secured a RM33.4 million contract from Pertubuhan Keselamatan Sosial (Perkeso) to provide integrated facilities management (FM) services to Perkeso’s Rehabilitation Centre in Malacca, via open tender.

GFM said the contract is for a period of four years, commencing June 2018 until June 2022.

GFM managing director Ruslan Nordin said the contract win further cements GFM’s long-term relationship with Perkeso, having provided facilities management services to Perkeso’s Rehabiltation Centre since 2014.

Stock on the Move , GFM Services , Perkeso