Vestland jumps 12pct on active buying interest
KUALA LUMPUR: Shares in Vestland Bhd jumped nearly 12 per cent in early trade amid active buying interest, with more than 3.45 million shares changing hands.
Vestland Bhd's shares surged nearly 12% in early trading on Wednesday, driven by active buying interest. The construction company's shares rose as much as nine sen, or 11.76%, to 85.5 sen from Wednesday's close of 76.5 sen. The company's market capitalisation stands at approximately RM807 million, marking a significant gain of 101.2% year-to-date.
Vestland reported an 11.8% increase in net profit to RM11.95 million for the second quarter ended June 30, 2026, and a 17.4% rise in quarterly revenue to RM250.24 million. The company remains actively engaged in construction projects, with an outstanding order book valued at about RM1.3 billion as of June 2026.
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