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Heptamax to Provide Support Services to Malaysian Robotic Painting Line Project; Shares Rise 5%

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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.

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