Mitrajaya jumps after winning RM63.6m job

MITRAJAYA Holdings Bhd, a Malaysian builder, jumped in Kuala Lumpur trading after winning a construction contract valued at RM63.6 (US$18 million).

The shares rose 10 per cent to 53 sen at 9 a.m. local time.

The 20-month contract for construction work at the Newcastle University Medicine Malaysia campus in Johor, south Malaysia, should be completed by March 2011, Mitrajaya said in a statement late yesterday.

By Bloomberg