MARKET DEVELOPMENT
Muar Ban Lee Group Secures RM16.6 Million Contract From Indonesian Company
Muar Ban Lee Group Secures RM16.6 Million Contract From Indonesian Company
30/10/2015 (Bernama) - Muar Ban Lee Group Bhd's wholly-owned subsidiary, Muar Ban Lee Technology Sdn Bhd, has secured a US$3.93 million (RM16.6 million) contract from Indonesia-based PT Sari Dumai Sejati.
In a filing to Bursa, Muar Ban Lee said the business contract agreement was for the proposed project to supply a 800 tonnes palm kernel crushing plant and ancillary machineries.
The palm kernel expeller manufacturer said the contract would positively contribute to the group's earnings for the financial ending Dec 31, 2015 and Dec 31, 2016.
In a filing to Bursa, Muar Ban Lee said the business contract agreement was for the proposed project to supply a 800 tonnes palm kernel crushing plant and ancillary machineries.
The palm kernel expeller manufacturer said the contract would positively contribute to the group's earnings for the financial ending Dec 31, 2015 and Dec 31, 2016.