CBIP unit wins RM131.7mil contracts

In a filing with Bursa Malaysia, CBIP said three contracts worth RM86.95mil were accepted in November last year from PT Kodeco Agrojaya Mandiri, with a contract period of 16 months. (Filepic shows a worker at CB Industrial Product Holdings Bhd factory applying a coat of paint on Modipalm prefabricated parts

PETALING JAYA: CB Industrial Product Holding Bhd’s (CBIP) palm oil mill unit, PalmitEco Engineering Sdn Bhd, has won four palm oil contracts worth RM131.7mil to build a palm oil mill, kernel crushing plant, biogas power-generating plant and sterilisation palm oil mill.

In a filing with Bursa Malaysia, CBIP said three contracts worth RM86.95mil were accepted in November last year from PT Kodeco Agrojaya Mandiri, with a contract period of 16 months.