Bintai Kinden secures RM50.48m contract from TNB

PETALING JAYA: Bintai Kinden Corp Bhd has bagged a RM50.48 million contract from Tenaga Nasional Bhd (TNB) to undertake the establishment of a new 132kV GIS switching station in Selangor.

The group told Bursa that the contract is estimated to be completed within 540 days from the commencement date.

It is expected to contribute positively towards the group’s future earnings.

Bintai Kinden’s closed unchanged at 13 sen yesterday on 152,400 shares done.

Source: The Sun Daily

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