KUALA LUMPUR: KKB Engineering Bhd and its subsidiary have acquired contracts with a mixed worth of about RM23.7mil.
In a bourse submitting, the engineering and manufacturing group mentioned it had acquired a letter of award from the Kuching Water Board for diversion works of the prevailing 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 provides and providers to hold out piles fabrication, loadout and sail away for the SK408W Jerun A CPP Jacket.
The Kuching Water Board contract is to be executed over a interval of 12 months whereas the MMHE job will happen between February 2022 to February 2023.
“The abovementioned Subcontract and KWB Contract can have no impact on Share Capital of KKB and are anticipated to contribute positively in direction of the earnings and web property of the Firm and Group at some stage in Subcontract and KWB Contract,” mentioned KKB.