Destini’s unit secures first rail manufacturing contract


Story on KTM train where people got killed due to running acroos the railway.

KUALA LUMPUR: Destini Bhd’s (Destini) wholly-owned subsidiary, System Enhancement Resources & Technologies Sdn Bhd, has secured its first rail manufacturing contract valued at RM62mil from the Transport Ministry. 

In a statement, the integrated engineering solutions provider said the contract was for the design, manufacture, supply, delivery, testing and commissioning of a new motor trolley and a new road rail vehicle for Keretapi Tanah Melayu Bhd. 

The contract is expected to last two years and will be completed in July 2018 and with the contract win, Destini’s total orderbook now stands at about RM730mil, it added. 

Destini managing director Datuk Rozabil Abdul Rahman said leveraging on the group’s expertise in the aviation and marine sector, the group had set its sights on the rail sector. 

“We are pleased that our efforts have come to fruition as this contract award signifies our maiden foray into the rail sector. 

“With the opportunity given to demonstrate our capabilities, we look forward to expanding our scope of work into other new areas within the rail sector,” he said. 

The group would be submitting tenders for more rail maintenance repair and overhaul (MRO) as well as manufacturing projects and it hoped to clinch more contracts within this year, he added. 

Once the group established a strong base locally, he said, it would naturally be looking into expanding rail-related opportunities overseas. 

“By adding on new capabilities to the group, we aim to position ourselves as a leading provider of MRO and manufacturing services for the aviation, marine and rail sectors. 

“We are targeting to have a well-balanced portfolio of jobs spread out across these sectors in the coming years,” he added. - Bernama


Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read