Quick take: Mesiniaga hits limit-up on RM1.9b contract


KUALA LUMPUR: Mesiniaga Bhd saw its share price hit limit-up on Tuesday after clinching a RM1.9b Malaysia International Internet Gateway (EM-IIG) project.

The counter jumped 29.31%, or 34 sen to RM1.50 - the highest since February 2015 - with 79,000 shares done. It is currently trading at a PE ratio of 5.61 times.

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