Wednesday, September 1, 2010

KKB share price up on unit's contract

KUALA LUMPUR: KKB ENGINEERING BHD [] shares advanced on Wednesday, Sept 1 after its subsidiary Harum Bidang Sdn Bhd secured a RM114 million contract from CMS Infra Trading Sdn Bhd to supply steel pipes.

At 9.18am, KKB was up four sen to RM1.81 with 34,000 shares traded.

Harum Bidang was issued a letter of award by CMS Infra for the supply and delivery of various concrete line mild steel pipes and mechanical couplings.


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