KUALA LUMPUR: End-to-end piping solutions provider ISF Group Bhd, via its wholly-owned subsidiary, Yeo Plumber Sdn Bhd, has accepted a letter of acceptance (LoA) from Kerjaya Prospek (M) Sdn Bhd, a wholly-owned subsidiary of construction and property developer Kerjaya Prospek Group Bhd.
The LoA appoints Yeo Plumber as the subcontractor for the sub-contract works for the cold-water plumbing services and sanitary plumbing system for a serviced apartment (including commercial lots), with a contract value of RM10.0 million.
The commencement date is effective as of the LOA acceptance date and is scheduled for completion on March 15, 2029.
ISF managing director Jeff Ai Boon Chen said the company is pleased to have secured this contract from Kerjaya Prospek, marking a positive start for ISF following its recent listing on Bursa Malaysia.
“This award reflects the confidence placed in our technical expertise and proven project execution capabilities.
“It also further reinforces the group’s position within the water plumbing and sanitary plumbing segment for high-rise residential developments,” he said in a statement.
Ai said that, looking ahead, Malaysia’s development landscape remains conducive, underpinned by the government’s emphasis in Budget 2026 on industrial, datacenter, infrastructure, and residential projects.
“We anticipate sustained demand for reliable piping and plumbing solutions driven by these structural factors.
“Leveraging our diversified project portfolio across diverse property segments, the group is well positioned to capitalise on this expanding development cycle.
“Meanwhile, the fresh capital raised from our listing further enhances our capacity to undertake larger and more complex projects moving forward,” he said.
As of December 9, 2025, ISF’s unbilled order book stood at RM120.68 million, of which RM117.47 million relates to end-user premises piping projects, while the remaining RM3.21 million is made up of infrastructure piping projects.
This is expected to provide earnings visibility up to the financial year ending December 31, 2028.
To recap, ISF was listed on Bursa Malaysia’s ACE Market on January 28.
