Stock on the Move

Quick take: Kumpulan Powernet rises on news of RM175mil contract

KUALA LUMPUR: Shares in Kumpulan Powernet Bhd gained in early trade Tuesday as the company announced a contract win in Laos.

The counter added 3.11%, or seven sen to RM2.32. It is currently trading at a PE ratio of 21.77 times.

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Kumpulan Powernet

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