CBIP in for a splendid year

TheStar Sat, May 04, 2019 09:40am - 4 years View Original


OVER the past month, the usually low-profile CB Industrial Product Holding Bhd has been in the news, having announced three back-to-back contract wins.

For the year-to-date period, the manufacturing and engineering-based company has secured over RM300mil in the form of five new contracts.

After what it described as an “exceedingly challenging” year in 2018, the contract wins could indicate a better a year ahead for the group – at least for its Palm Oil Equipment and Engineering (POE) segment.

The new contracts, secured by its unit, PalmitEco Engineering Sdn Bhd, brings the group’s outstanding order book for the segment to about RM504mil.

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