MMCCORP above $3.20 by 31-Dec-2012

  • target price: $3.20 ( 9.97 % in 285 days)
  • price when predicted: $2.91
  • current price: $2.05
  • 2092 days pass target date.

Mass Rapid Transit Corp has awarded a RM8.2 billion tunnelling contract to a joint venture between MMC Corp and Gamuda Bhd.

The single largest package in the mass rail network project was awarded to the companies following a competitive bid with four other tenderers, Mass Rapid Transit, or MRT, said in an e-mailed statement today. -- Bloomberg

Read more: MMC-Gamuda awarded RM8.2b MRT job
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