Tuesday, June 15, 2010

KUB up at mid-morning

KUALA LUMPUR: KUB MALAYSIA BHD [] share price rose on Tuesday, June 15 after its unit KUB Telekomunikasi Sdn Bhd accepted a RM29.49 million contract for a project named Projek Pembinaan Pusat Penyiaran Digital TV Al Hijrah for Al Hijrah Media Corporation.

At 10.38am, the counter added half a sen to 48 sen with 127,100 shares traded.

On Monday, KUB said the contract was for 19 weeks, and was expected to contribute positively to its earnings for the financial year ending Dec 31, 2010.


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