HE Unit Bags MYR20 Million Power Distribution System Works Deal; Shares Gain 3%

MT Newswires Live
05/19

HE Group (KLSE:HEGROUP) unit Hexatech Engineering accepted a purchase order worth about 20 million ringgit for power distribution system works, according to a Monday Malaysia bourse filing.

Shares gained about 3% in Tuesday's midday trade.

The deal was awarded by a manufacturer involved in the assembly, testing, and packing of advanced NAND flash memory products in Malaysia.

The deal is slated to be completed on Nov. 17, it said.

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