Thursday 2 February 2012

IJM Corp, AZRB extend gains on confirming MRT job

KUALA LUMPUR (Feb 2): IJM CORPORATION BHD [] and AHMAD ZAKI RESOURCES BHD [] shares extended their gains on Thursday after the two companies confirmed on Tuesday they had officially received the letters of acceptance Sungai Buloh-Kajang phase mass rapid transit project.

At 9.20am, IJM Corp rose 10 sen to RM5.84 with 512,500 shares done while AZRB added five sen to 93 sen with 967,600 shares traded.

IJM’s phase is for package V5 of the Mass Rapid Transit costing RM974.78 million while AZRB’s contract includes the completion of viaduct guideway and other works from Plaza Phoenix to Bandar Tun Hussein Onn station valued at RM764.91 million.



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