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P.A. Resources Arm Bags New Order Worth $322 Million; Shares Up 3%

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P A Extrusion (M), a wholly-owned subsidiary of P.A. Resources (KLSE:PA) has secured an order worth $322.2 million, according to a Tuesday filing to the Malaysian bourse.

The order, received from First Solar Inc, First Solar Malaysia, and First Solar Vietnam Manufacturing, is for the supply of aluminium extrusion profiles used in the production of photovoltaic (PV) modules.

The project will be executed between July 1 and Dec. 31, 2027.

The aluminium extruder said the contract is expected to enhance its operational efficiency through improved production scheduling, materials planning, manpower utilization, and logistics coordination.

The company's shares were up nearly 3% in Wednesday's late-morning trade.

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