Few project has been awarded recently. Previous project being Terminal Bersepadu Gombak Sdn Bhd (TEGAS) worth RM307 million. Now Mudajaya Corporation Bhd has awarded a RM215mil project to Zelan Bhd for a coal fired power plant project in Johor. http://biz.thestar.com.my/news/story.asp?file=/2012/9/3/business/20120903191055&sec=business Few project in hand but this stock still in downtrend, hopefully there is a reversal soon.
Stock: [ZELAN]: ZELAN BHD
2012-09-04 01:13 | Report Abuse
Few project has been awarded recently. Previous project being Terminal Bersepadu Gombak Sdn Bhd (TEGAS) worth RM307 million. Now Mudajaya Corporation Bhd has awarded a RM215mil project to Zelan Bhd for a coal fired power plant project in Johor.
http://biz.thestar.com.my/news/story.asp?file=/2012/9/3/business/20120903191055&sec=business
Few project in hand but this stock still in downtrend, hopefully there is a reversal soon.