KUALA LUMPUR (April 9) : Ingress Corp Bhd rose as much as 8% on Monday morning following updates that the company had secured a RM26.6 million switching station job from TENAGA NASIONAL BHD [] (TNB).
Shares of Ingress gained eight sen to an intraday high of RM1.09 before trading lower at RM1.06 at 11.27am.
In a statement to the exchange on Friday, Ingresss said it will establish a 275-kilovolt station for TNB at Pantai Remis, Selangor.Ingress said TNB has issued a letter of intent for the project to a joint venture between two subsidiaries of Ingress, namely, Multi Discovery Sdn Bhd and Ramusa Engineering Sdn Bhd.
Shares of Ingress gained eight sen to an intraday high of RM1.09 before trading lower at RM1.06 at 11.27am.
In a statement to the exchange on Friday, Ingresss said it will establish a 275-kilovolt station for TNB at Pantai Remis, Selangor.Ingress said TNB has issued a letter of intent for the project to a joint venture between two subsidiaries of Ingress, namely, Multi Discovery Sdn Bhd and Ramusa Engineering Sdn Bhd.
