News

KAB nominated for contracts worth RM57.1 million

KUALA LUMPUR, Dec 21 -- Mechanical and electrical engineering company Kejuruteraan Asastera Bhd (KAB) has been nominated to succeed the project for Vienna Home Sdn Bhd, Cosmowealth Housing Development Sdn Bhd and Mah Sing Properties Sdn Bhd as the nominated sub-contractor. 

In a filing with Bursa Malaysia today, KAB said this would bring a new project on board with a total contract value worth RM57.1 million.

The contracts comprises electrical, telephone and extra-low voltage services to the M Luna Project (two blocks of service apartments), M Arisa Project (two blocks of apartment suites), and M Oscar Project (two blocks of apartment suites). 

Work completion is between 30 to 36 months, it said. 

KAB expects the contracts to contribute positively to the future earnings of the group throughout the duration of the contracts and KAB remained steadfast in driving its expansion plans despite the movement restriction.

“This contract win is encouraging for us and demonstrates that KAB is well equipped to embrace the new operating environment post-pandemic.

“The confidence of our customers towards our execution capabilities and strategies remains intact," said KAB managing director Datuk Lai Keng Onn.

As the group looks for a better 2021, Lai believes the government’s heightened expectations on environment, social and governance (ESG), as well as sustainability practices, are positive for its growth, as KAB support diversification towards green energy, energy efficiency and energy technologies which would extensively reduce carbon footprint. 

-- BERNAMA

 

 

    Other News

Solarvest Akan Pasang Panel Fotovoltaik Solar Terbesar Di Malaysia Di Pusat Beli Belah 1 Utama

KUALA LUMPUR, 15 April (Bernama) -- Bandar Utama City Centre Sdn Bhd melantik anak syarikat Solarvest Holdings Bhd, Solarvest Energy Sdn Bhd, untuk memasang panel fotovoltaik (PV) solar terbesar di Malaysia dan panel PV bersepadu-bangunan di pusat beli-belah 1 Utama.

Verdant Solar Sasar 2,600 Pemasangan Panel Pada Tahun Ini - Ceo

Oleh Siti Radziah Hamzah

KUALA LUMPUR, 11 April (Bernama) -- Penyedia penyelesaian tenaga solar, Verdant Solar Sdn Bhd menyasarkan untuk menggandakan bilangan pemasangan panel solarnya kepada 2,600 pada tahun ini berbanding 1,300 pada 2023.

Aidilfitri: Orang Ramai Dinasihat Utamakan Keselamatan Elektrik Dan Gas - St

PUTRAJAYA, 8 April 2024 (Bernama) -- Orang ramai dinasihatkan supaya mengutamakan keselamatan elektrik dan gas menjelang sambutan Aidilfitri tidak lama lagi.