KUALA LUMPUR: KKB Engineering Bhd secured three contracts worth a combined sum of RM16.8mil that are expected to contribute positively to earnings and net assets for its 2018 financial year.
The first letter of award was received from Hock Peng Realty Sdn Bhd for the supply and installation of steel structures, roof covering and wall cladding and accessories for the proposed Balingian coal stockyard in Mukah, Sarawak.
KKB also said it received a purchase order for the supply of mild steel pipes and fittings for the Projek Bekalan Air Luar Bandar in Serian, Sarawak, from LP Capital Construction Sdn Bhd, and a purchase order for the supply of mild steel concrete lined pipes and fittings from MKM Wira (M) Sdn Bhd.
The contracts are due for completion in the first half and third quarter of 2018.
At midday, KKB was down three sen to 97 sen with 146,000 shares done.
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