KUALA LUMPUR: HongLeong Investment Bank Research today reaffirmed its Buy call on palm oil specialist CB Industrial Product Holdings Bhd following the company’s success in securing a job in Indonesia worth RM50.3mil.
The contract from PT Rafi Kamajaya Abadi in West Kalimantan is to build a 60-tonne/hour palm oil mill and deliver three units of double-decked continuous sterilisation system.
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