KNM receives additional RM52m contracts for Balikpapan refinery project


KUALA LUMPUR: KNM Group Bhd's subsidiary has entered into three additional contract agreements for the design, engineering and supply of pressure vessels for the Balikpapan refinery expansion project in East Kalimantan, Indonesia.

Collectively, the contracts are valued at US$12.45mil (RM52.17mil), which brings the total contract sum received by KNM for the Balikpapan project to RM107.79mil.

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