Quick take: Mesiniaga surges 10% on MoF contract win


KUALA LUMPUR: Shares in Mesiniaga Bhd jumped over 10% in early trade Friday after the company secured a RM261.26mil contract from the Ministry of Finance (MoF).

The information technology products and services company rose 10.66%, or 13 sen to RM1.35, its highest since late May. In the past one year, the counter has appreciated 16.19%.

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!

Mesiniaga , MoF

   

Next In Business News

Asia stocks rise as Fed tamps down hike fears; yen leaps
Standard Chartered Q1 profit rises 5.5%, beats estimates
Oil prices rebound on prospect of US replenishing strategic reserve
Hong Kong central bank keeps key rate unchanged, tracks Fed move
Westports' 1Q net profit rises to RM204.51mil
FBM KLCI nearly flat at lunch break
MAB Engineering secures country's first aircraft maintenance digital certification
Microsoft to invest US$2.2bil in cloud and AI services in Malaysia
Agricore inks underwriting deal with M&A Securities
Malaysia's manufacturing PMI rises to 49.0 in April, suggesting improved GDP growth - S&P Global

Others Also Read