COVID–19 NEWS   COVID: Malaysia records increase in new cases, fatalities - Dr Noor Hisham | New COVID-19 cases drop 5.2 pct last week - Health Dg  | Witness still COVID-19 positive, Ahmad Zahid's corruption trial postponed | Japan's daily COVID cases top 180,000, set fresh record amid 7th wave | Canada approves first coronavirus vaccine for 6-month to 5-year-olds | 
BUSINESS

Kelington bags contract worth RM117 mln in Singapore

04/08/2022 07:17 PM

KUALA LUMPUR, Aug 4 (Bernama) -- Kelington Group Bhd’s wholly-owned subsidiary, Kelington Engineering (Singapore) Pte Ltd has bagged a RM117 million contract from a customer in Singapore.

In a filing with Bursa Malaysia today, the integrated engineering solutions provider said the contract involves undertaking bulk and speciality gas system distribution works for a world leader in innovative memory solutions’ fabrication facilities in Singapore. 

“The contract commences in August 2022 and is expected to be completed by June 2024.

“The award is expected to contribute positively to the earnings and net assets of Kelington for the financial years ending Dec 31, 2022, Dec 31, 2023 and Dec 31, 2024, respectively,” said the group. 

It also said the contract was awarded by a leader in the design, engineering, and delivery of major complex projects and facilities for high-tech industries.

At the close today, Kelington’s shares were traded six sen higher at RM1.29, with 2.32 million shares changing hands. 

-- BERNAMA

 


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy