Powerwell secures orders worth RM7.25mil

KUALA LUMPUR: Powerwell Holdings Bhd has secured two purchase order worth US$1.62mil (RM7.25mil) from Siemens Industrial Ltd in Bangladesh to supply low voltage switchboards for N.R. Group, a garment and yarn producer company.

In a filing with Bursa Malaysia, Powerwell said its wholly-owned subsidiary, Powerwell International Sdn Bhd secured the order from Siemens Industrial.