Stock news

*June 21*

*DOW J*: ⬆129.71

*WTI CRUDE OIL*:  49.16


*USD/MYR*:  4.06


* *BPURI* has clinched a RM73 million contract to undertake pipe sleeper and underground work for Petronas refinery and petrochemical integrated development (Rapid) project.

**DESTINI* an aviation, marine, and oil and gas engineering firm has bagged a RM62 million contract from the Transport Ministry to build a new motor trolley and road rail vehicle.

**SUNREIT* is buying a leasehold tract in Seberang Perai that measures 143,225 sq ft, from its parent Sunway Bhd for RM17.2 million, cash. The tract is adjacent to its Sunway Carnival Shopping Mall in mainland Penang.

**PUNCAK* has received two separate notices of arbitration from the subcontractor that PNC had terminated for the sewerage pipe network project at the Bunus catchment area here.

**BTOTO* a number forecast operator (NFO), saw its net profit for the 4QFY16 ⬆ 35.1% to RM104.71 million or 7.77 sen per share, due to stronger earnings from Sports Toto Malaysia Sdn Bhd and Philippine Gaming Management Corp.

**SANICHI* a plastic injection mould maker, has teamed up with licensed Petronas' vendor to jointly bid for Petronas’ oil storage tank terminal contracts in the oil and gas (O&G) industry in Malaysia and the region.