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KUALA LUMPUR: JF Apex Research expects Hai-O Enterprise, ; IJM Land and FCW Holdings, Pestech and Iris Corp to see trading interest on Friday based on the latest corporate developments.
RHB Research is maintaining its Buy call on Pestech International with a slightly higher fair valuation of RM2.82, from RM2.80, following the company’s success in securing a US$29.3mil contract to build a double transmission line in Laos.
KUCHING: The Sinohydro-Trenergy joint venture (JV) has been formally awarded with two packages of the proposed 500kV transmission line project by Sarawak Energy Bhd (SEB).
KUALA LUMPUR: Pestech Bhd has secured a US$16.60mil (RM53.7mil) contract to build an integrated power distribution system including substations for the Samalaju smelter in Sarawak.
PETALING JAYA: Pestech International Bhd’s wholly owned subsidiary, Pestech Sdn Bhd, has signed a contract with Metix Malaysia Sdn Bhd worth US$16.6mil (RM53mil) to build an integrated power distribution system including substations for the Samalaju smelter in Sarawak.
PETALING JAYA: Pestech International Bhd’s unit Pestech Sdn Bhd has won an RM85mil contract from Sarawak Energy Bhd (SEB) for the design, engineering, procurement, construction, testing and commissioning of SEB’s Mambong and Entinggan 275 kV substation extension project in Kuching, Sarawak.