CME Group bags RM146m order from housing ministry

TheEdge Fri, Sep 09, 2022 05:36pm - 9 months View Original

KUALA LUMPUR (Sept 9): CME Group Bhd, which manufactures fire-fighting and safety vehicles, has bagged a RM145.8 million contract to supply 150 units of compact fire rescue tender (CFRT) complete with fittings and accessories to the Fire and Rescue Department for 72 months.

In a Bursa Malaysia filing, CME said its wholly owned subsidiary CME Edaran Sdn Bhd had on Thursday (Sept 8) received a letter of acceptance from the Ministry of Housing and Local Government for the order.

"The order is expected to contribute positively to the group's earnings from the financial year ending June 30, 2023 onwards," it added.

CME shares closed up 0.5 sen or 12.5% at 4.5 sen, bringing it a market capitalisation of RM39.12 million.

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