Monday 16 January 2012

Mitrajaya edges up on new contracts

KUALA LUMPUR (Jan 16): Shares of MITRAJAYA HOLDINGS BHD [] edged up on Monday after its unit secured two contracts worth a total RM33.41 million from Putrajaya Holdings Sdn Bhd for CONSTRUCTION [] jobs in Putrajaya.

At 11.45am, Mitrajaya gained one sen to 49.5 sen with 1.56 million shares done.

The company last Friday said that Pembinaan Mitrajaya Sdn Bhd had been awarded contracts to build houses and shop offices in Precints 11 and 8 in Putrajaya.

It said the first contract was to build 63 units of two storey terrace houses at Zone 10E, Precinct 11, Putrajaya for a contract sum of RM20.53 million.

It said the other contract was for the construction of 25 units of two storey shop office, 4 units three storey shop office and associated works at Precinct 8, Putrajaya for RM12.88 million.

Mitrajaya said both the contracts were to be completed within a period of 22 months from the date for possession of site.

“Both the contracts expected to contribute positively to Mitrajaya's future earnings,” it said.



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