KKB increases capex to RM30mil

KUCHING: KKB Engineering Bhd (KKB) has increased its 2019 capital expenditure (capex) to RM30mil, from an earlier approved sum of between RM20mil and RM25mil, in order to invest more in automation and information and communication technology (ICT) at its steel fabrication yard at Jalan Bako here.

Group executive director Kho Pok Tong (pic) said the additional capex would be utilised to acquire state-of-the-art automated machinery and equipment as well as on ICT, like specialised engineering software.