KUALA LUMPUR: KKB Engineering Bhd
has received two contracts worth a total of RM31.8muil from Auxicorp Construction & Engineering Sdn Bhd and Petron Malaysia Refining & Marketing Bhd.
The steel pipe and liquefied petroleum gas cyclinder manufacturer told Bursa Malaysia that the contract from Auxicorp was to supply steel pipes and specials for the main pipeline from Batu Kitang water treatment plant to Bukit Entingan tank in Kuching, Sarawak.
The job is expected to be completed by the third quarter of 2016.
As for the purchase order from Petron, the Kuching-headquartered KKB will fabricate and supply cyclinders to the oil company by the fourth quarter of next year.
“The above awards are expected to contribute positively to the earnings and net assets of the KKB group for the financial year ending Dec 31, 2016,” it said.
KKB shares closed unchanged at RM1.57 on Monday.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
