KNM active, jumps 10% on landing US$4.87m job in Bahrain

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KUALA LUMPUR (March 8): KNM Group Bhd jumped 10% in active trade this morning after it secured a US$4.87 million (RM19.9 million) contract for the supply of carbon steel pressure vessels for the Bapco Modernization Programme in Bahrain. The supply and delivery duration of the product is for 12 months.

At 9.20am, KNM rose 1 sen to 11 sen with 18.13 million shares traded.