Friday, August 12, 2011

KKB rises on contract to supply pipes

KUALA LUMPUR: KKB ENGINEERING BHD [] shares rose on Friday, Aug 12 after its subsidiary Harum Bidang Sdn. Bhd has secured a project from Kumpulan Bina Emas Sdn Bhd for a rural water supply project. The contract was to supply water pipes and pipe fittings.

At 9.18am, KKB added five sen to RM1.75 with 38,300 shares traded.

It said the duration of the supply contract was about nine months, starting from the fourth quarter of 2011 and the contract sum was RM19.4 million


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