Zelan Bhd, a Malaysian builder, rose to its highest level in almost three months after it received a letter of intent for RM300 million of subcontract works for a power plant project from Mudajaya Corp.
The stock climbed 8.5 percent to 38.5 sen at 9:09 a.m. local time, headed for its highest close since Aug. 1. The contract is subject to Mudajaya’s group being appointed as main contractor. -- Bloomberg
The stock climbed 8.5 percent to 38.5 sen at 9:09 a.m. local time, headed for its highest close since Aug. 1. The contract is subject to Mudajaya’s group being appointed as main contractor. -- Bloomberg
