The contract commenced on July 1, 2020 and is expected to be completed on June 30, 2023.
In a filing with Bursa Malaysia, the company said the contract will have a positive effect on the company’s net assets for the financial year ending Dec 31, 2020. and the company’s earnings over the period of the contract.
As at 12.30pm, shares in Mesiniage were unchanged from their previous close at RM1.07 apiece with a low volume of shares traded.
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