Steel Hawk wins RM51.4mil contract

KUALA LUMPUR: Steel Hawk Bhd’s wholly owned subsidiary Steel Hawk Engineering Sdn Bhd (SHESB) has secured a contract worth RM51.4mil from PBH Engineering Sdn Bhd (PBHE).

In a filing with Bursa Malaysia, Steel Hawk said the contract is to provide engineering design, procurement, construction, installation and commissioning (cold) storage and handling facilities for propylene oxide and ethylene oxide operations in Kerteh, Terengganu.

The will start from May 30, 2022 and shall be valid until the completion of the services by July 30, 2023.

Steel Hawk expects the contract to contribute positively to the earnings and EPS of the group in the future.