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Gabugan AQRS, WCT advance on winning LRT3-related contracts

9:57:00 AM

KUALA LUMPUR (Oct 6): Gabungan AQRS Bhd and WCT Holdings Bhd rose this morning on winning contracts related to the LRT3 proejct.

At 9.06am, Gabungan AQRS rose 4.68% or 8 sen to RM1.79 with 580,000 shares done.

Meanwhile, WCT added 2.86% or 5 sen to RM1.80 with 155,200 shares traded.

Gabungan AQRS was awarded an LRT3 contract worth about RM1.14 billion to construct guideway, stations, park-and-ride, ancillary buildings and other associated works.

The project is for 38 months and is expected to contribute positively to Gabungan AQRS's earnings for FY17 onwards.

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