Australia's PARKD rises on cark park construction contract
20/06/2023 03:18
** Shares of modular car-park system developer PARKD
PKD.AX rise as much as 52.6% to A$0.029, set for best session
since Sept. 29, 2022 - if gains hold
** Co announces award of a design and construction contract
with private automotive retail firm John Hughes Group
** PKD to deliver A$4.46 mln ($3.03 mln) 3 level car park
for John Hughes Group
** Says project will be delivered in two stages over the
next 10 months
** More than 348,000 shares change hands, compared with the
30-day average of about 106,000 shares
** Stock down ~13.6% YTD, as of last close
($1 = 1.4708 Australian dollars)
(Reporting by Upasana Singh in Bengaluru)
((Upasana.Singh@thomsonreuters.com))