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Business

Pestech secures TNB contracts worth RM280.89mil

PETALING JAYA: Pestech International Bhd’s unit has secured two contracts from Tenaga Nasional Bhd (TNB) for a power plant in Kedah and the laying of an underground cable in Kuala Lumpur worth a combined sum of RM280.89mil.

Corporate News

Pestech secures TNB contracts worth RM280.89m

KUALA LUMPUR: Pestech International Bhd's unit has secured two contracts from Tenaga Nasional Bhd (TNB) for setting up a power plant in Kedah and the laying of an underground cable in Kuala Lumpur worth a combined sum of RM280.89mil.

Business Premium

Surge in contracts from govt and private sector

OVER the last one week, a number of public-listed companies have announced contract wins. The surge is noticeable, considering that things had seemingly slowed down since the formation of the new government.

Business

KLCI slips on Maybank, Public Bank early losses

KUALA LUMPUR: Blue chips eased early Tuesday as the FBM KLCI’s relief rebound seemed to have lost momentum, with some profit taking seen in Maybank and Public Bank.

Business

Trading ideas: Kelington, Hibiscus, Pestech, Mitrajaya, Luster Industries

KUALA LUMPUR: Kelington Group Bhd, Hibiscus Petroleum Bhd, Pestech International Bhd, Mitrajaya Holdings Bhd and Luster Industries Bhd are among the stocks to watch, according to JF Apex Research.

Analyst Reports

Kenanga positive over Pestech's contract wins

KUALA LUMPUR: Pestech International Bhd's recent contract win for the signaling system of the Gemas-JB Double Track Electrification project has lifted its order book to a record high of RM2.1bil.

Business

Pestech unit gets subcontract for EDTP project

PETALING JAYA: Pestech International Bhd’s unit Pestech Technology Sdn Bhd and Ansaldo STS Malaysia Sdn Bhd have been appointed as the subcontractor of the electrified double track project (EDTP) from Gemas to Johor Baru.

Business

Pestech bags RM75mil rail job

KUALA LUMPUR: A consortium, in which Pestech International Bhd is a partner, has secured the signalling systems contract for the Gemas-Johor Baru electrified double track project.

Business

Sapura Energy 'buy', V.S. Industry 'buy', Spritzer 'neutral', Pestech 'outperform'

SAPURA ENERGY BHD: PERMODALAN Nasional Bhd (PNB) is set to become Sapura’s largest shareholder with an equity stake of up to 40% (from 12% currently) following the completion of the group’s proposed renounceable rights issue of up to RM4bil

Stock on the Move

Pestech moves higher on Gemas-JB double track project win

KUALA LUMPUR: Pestech International Bhd is seeing positive price action, rising as much as 10 sen or 6.9% to RM1.55 in early morning trade.