Quick take: Kumpulan Powernet surges 12% on hydropower contract win


KUALA LUMPUR: Shares in Kumpulan Powernet Bhd jumped over 12% in early trade Wednesday on the heels of its RM354mil job from Kangsar Hidro Sdn Bhd.

The counter, one of the top gainers on Bursa Malaysia, jumped 12.05%, or 20 sen to RM1.86 with 3.1 million shares traded.

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