AME Elite Consortium Unit Bags Selangor, Malaysia Project Worth MYR241 Million; Shares Up 3%

MT Newswires Live02-04

AME Elite Consortium (KLSE:AME) unit AME Construction has secured a main building works contract worth 214.1 million ringgit, according to a Tuesday Malaysian bourse filing.

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

The deal was awarded by Malaysia Airports' (KLSE:MAHB) unit KLIA Aeropolis, for the main building works of the Test Cell Facility (Phase 1) in Selangor, Malaysia.

The project will run for 12 months and is targeted for completion by January 2027, it said.

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