Tuesday, April 23, 2013

BBR

BBR: has secured two new contracts worth RM 286m (~S$116m) to build two bridges in Terengganu and Sarawak in Msia. Work has commenced for both projects, with the first one to be completed end 2015, and the second one scheduled to complete in 2Q16. The stock trades at 6.5x P/E, 0.8x P/B.

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