KUALA LUMPUR (June 13): Shares of CB Industrial Product Holding’s (CBIP) rose on Wednesday after its unit secured a contract worth RM40 million from Jaya Tiasa Holdings Bhd’s subsidiary to supply and install one unit 120 tonne per hour FFB palm oil mill.
At 9.48am, CBIP was up two sen to RM2.45 with 94,100 shares traded.
In a filing to Bursa Securities on Tuesday,CBIP said its Modipalm Engineering Sdn Bhd had entered into a contract with Maximwealth Holdings Sdn Bhd for the project.

