Thursday 28 Mar 2024
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KUALA LUMPUR (Oct 10): Shares in engineering solution provider Kelington Group Bhd rose 3.33% in active trade this morning after it secured three overseas contracts worth a combined RM101 million.

At 9.23am, Kelington rose 4 sen to RM1.24 with 2.33 million shares traded.

Kelington said two of these contracts involve installation and commissioning of exhaust system in Singapore for “a global leader in engineering and project management of high-technology facilities”.

The group did not disclose the Singaporean client’s name.

The first contract spans from October this year to November 2020, while the second contract period is between September this year and August 2019.

Kelington said the third contract involves the supply, installation and commissioning of a chemical delivery systems for Zhonghuan Advanced Semiconductor Materials Co Ltd in China for the period between September this year and February 2019.

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