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Gunung Capital Bhd’s unit GPB Corporation Sdn Bhd has secured a RM165 million service contract from the Defence Ministry to provide transportation services for the National Service (NS) trainee programme. The tenure of the contract is from Dec 26, 2014 to Dec 25, 2017, the investment holding company which is involved in chartering out land-based transportation assets said in a filing to Bursa Malaysia.The company must provide passenger transportation for NS trainees and trainers by bus or coach for 82 camps, over nine months per calendar year, it said.This involves allocating five 44-seater buses for each of 80 NS camps, and eight 25-seater buses for each of two camps.
Gunung Capital Bhd’s unit GPB Corporation Sdn Bhd has secured a RM165 million service contract from the Defence Ministry to provide transportation services for the National Service (NS) trainee programme. The tenure of the contract is from Dec 26, 2014 to Dec 25, 2017, the investment holding company which is involved in chartering out land-based transportation assets said in a filing to Bursa Malaysia.The company must provide passenger transportation for NS trainees and trainers by bus or coach for 82 camps, over nine months per calendar year, it said.This involves allocating five 44-seater buses for each of 80 NS camps, and eight 25-seater buses for each of two camps.
STOCK RECOMMENDATION :
BUY SAPURA-KENCANA ABOVE 2.41 TARGET 2.44 2.48 SL 2.36
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