CIMB Research says accumulate Muhibbah shares


KUALA LUMPUR: CIMB Equities Research has advised investors to accumulate Muhibbah Engineering shares following the latest corporate news that it has won a RM135mil job from Westports to expand Terminal 8 wharf and related works.

The research house said on Thursday this represents package A, with an option by Westports to evaluate and award package B, valued at RM256mil, within six months.    

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