Thursday, 2 February 2012

Ahmad Zaki, IJM jump on MRT job

Ahmad Zaki Resources Bhd. (AZR MK) jumped 4 percent to 91.5 sen, on course for its highest close since April 18. IJM Corp. (IJM MK) advanced 3.5 percent to 5.94 ringgit. The two companies received contracts from Mass Rapid Transit Corp. to build parts of a mass-rail network, according to stock- exchange filings. IJM’s contract is valued at 974.8 million ringgit ($323 million) and Ahmad Zaki’s at 764.9 million ringgit, the companies said. -- Bloomberg



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