KKB Engineering clinches purchase orders worth RM24m
23 Oct 2017 / 22:27 H.
PETALING JAYA: KKB Engineering Bhd’s subsidiary Harum Bidang Sdn Bhd has received two purchase orders worth RM23.9 million.
The purchase orders were received from CMS Infra Trading Sdn Bhd (CMSIT) for the supply and delivery of concrete-lined mild steel pipes; and from Kimlun Sdn Bhd for the supply of mild steel casing.
The completion date for Kimlun is within the fourth quarter of 2017 and CMSIT is scheduled to be within the first quarter of 2018.
The awards are expected to contribute positively to the earnings and net assets of the KKB group for the financial years ending Dec 31, 2017 to Dec 31, 2018.
KKB closed 4.19% lower at 80 sen today with 1.05 million shares traded.