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Kumpulan Jetson bags RM919m building subcontract, share price hits 2-yr high

Mimi Sabreena 2:38:00 PM Informasi

KUALA LUMPUR (June 29): Kumpulan Jetson Bhd (KJB)'s wholly-owned unit Jetson Construction Sdn Bhd has accepted a RM919.3 million subcontract job from MCC Overseas (M) Sdn Bhd to undertake main building works for a mixed commercial project on Jalan Conlay here.

"The project is expected to contribute positively to KJB and its subsidiaries' earnings for financial years ending Dec 31, 2017 to 2021. The project will not have any effect on the group's share capital and shareholding structure," KJB said in a filing with Bursa Malaysia today.

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