Sasbadi active, rises 6.38% on bagging 3-year textbook contract

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KUALA LUMPUR (March 8): Sasbadi Holdings Bhd shares rose 6.38% in active trade this morning after the firm announced that it had a bagged textbook contract from the Ministry of Education (MoE).

At 9.15am, Sasbadi rose 1.5 sen to 25 sen with 8.66 million shares traded.

Sasbadi secured a 3-year contract to supply Arts education textbooks for Year 4 of the SJKCs from the MoE, worth RM746,460.

The contract will start from March 5, 2019 and end on March 4, 2022.