BDB shares rise after MoU

April 17, 2018 | By | Reply More

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PETALING JAYA: Shares of Bina Darulaman Bhd (BDB) rose two sen or 4.44% this morning, after its unit inked a memorandum of understanding (MoU) with nine anchor retailers for its Axis Commercial Hub development yesterday.

At 11.12am, the stock stood at 47 sen with 9,000 shares changing hands, giving it a market capitalisation of RM142.8 million.

The Axis Commercial Hub, located in the township development of Bandar Darulaman, Jitra, would start construction this month and was targeted for completion by end-2019.

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