Southern Score Builder's (KLSE:SSB8) 51% owned subsidiary, SJEE Engineering, secured a letter of award from Sunway Construction (KLSE:SUNCON) to undertake a subcontract project worth around 19.3 million ringgit, according to a Monday filing with the Malaysian Exchange.
Shares of the company were down nearly 1% in Tuesday trading.
Meanwhile, shares of Sunway Construction were up over 6% in Tuesday trading.
The subcontract comprises supply, installation, testing and commissioning of electrical, telco and security underground infra works.
The project is expected to complete on Dec. 31.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.