KUALA LUMPUR: Shares in UEM Edgenta Bhd rose over 6% in early trade after securing a hospital support services contract worth RM264mil. The counter rose 6.06%, or 12 sen to RM2.10, its highest in over two weeks. It is currently trading at a PE ratio of 9.05 times. UEMS Solutions Pte Ltd (UEMS), a 97.46%-owned unit of UEM Edgenta, has secured the contract from the Ministry of Health of Singapore to provide hospital support services. UEM Edgenta said the total value of the contract was estimated between RM264.5mil and RM284mil, depending on the actual manpower resources to be deployed for the job. The duration of the contracts ranges from two years and three months, to three years and three months, with options to extend for another three to five years. RHB Research has upgraded UEM Edgenta to,
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