Heptamax to Provide Support Services to Malaysian Robotic Painting Line Project; Shares Rise 5%
MT Newswires05-22 14:17
Heptamax International (SGX:8A1) secured a contract worth 1.7 million ringgit from a Malaysian manufacturing company, according to a Thursday bourse filing.
Shares of the Singaporean industrial solutions company climbed nearly 5% in late afternoon trading on Friday.
Under the deal, Heptamax will provide auxiliary work and support services such as equipment supply and rental and site support for the Malaysian firm's robotic painting line project, with payments to be made based on agreed milestones.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
