KUALA LUMPUR: Tanco Holdings Bhd is one of the most actively traded counters on Bursa Malaysia in early trade with over 47 million shares done.
The property developer added 4.17%, or one sen to 25 sen, its highest since June 2011 at 9.13am. Year-to-date, the counter has surged 400% from five sen on Dec 31, 2020.
Tanco’s unit, Tanco Builders Sdn Bhd, has received a contract worth RM172.66mil from Onine Alliance (M) Sdn Bhd for the engineering, procurement, construction and completion of a proposed land reclamation project in Melaka.
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