Friday, 16 March 2012

Zelan jumps on winning government job

At 9.59am trading Zelan Bhd, a builder, jumped 5.3 per cent to 49.5 sen, set for the largest increase since Feb. 28.

Zelan signed a concession agreement with the government to develop and operate the Gombak integrated transport terminal, the company said in a statement. The construction cost will be about RM307.4 million (US$100.7 million), it said. -- Bloomberg



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