KUALA LUMPUR: KKB Engineering Bhd and its subsidiary have secured contracts with a mixed worth of about RM23.7mil.
In a submitting with Bursa Malaysia, the engineering and manufacturing group mentioned it had acquired a letter of award from the Kuching Water Board (KWB).
The job includes the diversion of the present 100mm ND MSCL Pumping Mains at Sg Maong Paroh, Jalan Matang/Batu Kawa, Kuching Division.
It added that its subsidiary OceanMight Sdn Bhd has secured a contract from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) for the supply of provides and companies to hold out piles fabrication, load out and sail away for the SK408W Jerun A CPP Jacket.
The KWB contract is to be executed over a interval of 12 months whereas the MMHE job will happen between February 2022 and February 2023.
“The abovementioned subcontract and the KWB contract may have no impact on the share capital of KKB and are anticipated to contribute positively in the direction of the earnings and internet belongings of the group,” it mentioned.