Big contract for SKB Shutters
The RM43mil job is more than the company’s market capitalisation
SKB Shutters Corp Bhd seems to be on a roll as it has recently secured an automated storage system contract far bigger than its market capitalisation.
The roller shutter and pallet racking system maker has won a RM43mil contract from a client in Vietnam and is expecting a recent fire-door related business venture to drive the group’s earnings growth in the financial year ending June 30, 2017 (FY17).
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