21-07-2025
- Business
- New Straits Times
Silver Ridge shares climb to 22.5 sen after securing new contract
KUALA LUMPUR: Ace Market-listed Silver Ridge Holdings Bhd emerged as one of the most actively traded counters at the opening after its 51 per cent-owned subsidiary secured a RM16.9 million contract for the installation of underground cables.
The subsidiary, Total SR Web 3.0 Sdn Bhd, will be involved in the installation of IIKV aluminium XLPE cables and accessories for Elektron Berkat Sdn Bhd's asset development for all zones of the distribution network division.
At 10 am, shares of the telecommunication system architecture and design company rose 2.5 sen to 22.5 sen, with 21.08 million shares traded.
