KUALA LUMPUR (June 19): CB Industrial Product Holding Bhd shares rose on Tuesday after its unit Modipalm Engineering Sdn Bhd has secured a contract from PT Swakarsa Sawit Raya to supply one continuous sterilization palm oil mill with a capacity 45 tonnes per hour.
At 10.50am, CBIP added three sen to RM2.68 with 334,800 shares done.
In a filing Monday, CBIP said the import portion of the contract was worth US6.34 million (RM19.97 million) while the instrallation portion was worth 6.2 million rupiah.