Scanwolf (KLSE:SCNWOLF) unit Scanwolf Builders secured a subcontract worth 10 million ringgit from Sunview (KLSE:SUNVIEW) unit Fabulous Sunview, according to a Monday Malaysian bourse filing.
The deal is for the installation of solar photovoltaic systems on the rooftop and parking facilities at Universiti Malaysia Sabah in Sabah, Malaysia.
The project is expected to contribute positively to the company earnings, it added.
Shares fell about 4% recently.
Price (MYR): $0.52, Change: $-0.020, Percent Change: -3.70%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.