KUALA LUMPUR (Aug 7): KKB Engineering Bhd rose 3.98% this morning after the company said it has commenced engineering, procurement, construction and commissioning (EPCC) works for the D18 JT-D wellhead platform off Malaysia last month, which together with the D28 Phase 1 project have a total contract value of RM226 million.
At 9.05am, KKB gained 3.5 sen to 91.5 sen with 103,100 shares done.
The 27-month contract was awarded to its subsidiary OceanMight Sdn Bhd (OMSB) by Petronas Carigali Sdn Bhd on March 14.