Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.
PETALING JAYA: KKB Engineering Bhd
’s net profit rose 39.4% to RM6.93mil in the third quarter ended Sept 30 from RM4.97mil in the corresponding quarter last year.
In a filing with Bursa Malaysia, the group said its higher earnings were attributable to an improved margin from the manufacturing sector, in particular, the steel pipes manufacturing division, which had contributed to the group’s overall improved bottom line on the back of higher revenue achieved by both the engineering and manufacturing sectors.
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