Muar Ban Lee bags RM16.6 million contract

PETALING JAYA: Muar Ban Lee Group Bhd has clinched a RM16.6 million contract (US$3.93 million) from PT Sari Dumai Sejati, to supply an 800 tonnes per 24 hours palm kernel crushing plant and ancillary machinery.

In a filing with Bursa Malaysia yesterday, the company said its wholly-owned subsidiary Muar Ban Lee Technology Sdn Bhd entered into a business contract agreement on Oct 23, 2015.

Muar Ban Lee expects the contract to contribute positively to its earnings for the financial years ending Dec 31, 2015 and Dec 31, 2016.

The company manufactures food processing equipment and produces oilseed expellers and other machinery used in oilseed crushing plants.