Stock News: CSE won 3mln contract!

CSE Global Ltd may rise after its unit CSE Servelec won a contract worth over 3 mln stg for the supply of the backbone for the UK Meteorological Office's weather monitoring system. The system, which will allow the Met Office to carry out data processing and analysis centrally in a flexible and manageable way, will go live in September 2007, the company said. CSE yesterday finished 0.015 sgd higher at 0.93.