Thursday 28 Mar 2024
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KUALA LUMPUR (Jan 7): Shares in KKB Engineering Bhd rose 3.57% this morning after it bagged a job from Petronas Carigali Sdn Bhd to provide engineering, procurement, construction, commissioning and installation of Wellhead Platform for BKD-A and Host Tie-In Modification at BNCPP-B Topsides — Bakau Non-Associated Gas Development Project.

At 9.18am, KKB rose 5 sen to RM1.45, valuing it at RM373.79 million.

KKB said its subsidiary OceanMight Sdn Bhd had received a letter of award from Petronas Carigali, for the job.

It said the project execution period is for 19 months.

 

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