Kelington bags RM45mil contract from GlobalFoundries


Kelington chief executive officer Raymond Gan (pic) said the latest contract win from GlobalFoundries, one of the leading semiconductor manufacturers in the world, would enhance the group’s corporate profile.

PETALING JAYA: Kelington Group Bhd has won a RM45mil contract to undertake Ultra High Purity (UHP) works for GlobalFoundries Inc’s new semiconductor fabrication plant in Singapore.

With the new contract, the integrated engineering solutions provider’s outstanding order book has increased to RM523mil. Year-to-date, Kelington said it had clinched approximately RM264mil of new orders, inclusive of the latest contract win.

In a statement yesterday, Kelington announced that the new RM45mil contract was won by its wholly-owned subsidiary, Kelington Engineering (S) Pte Ltd.

Kelington installed specialised piping. - FilepicKelington installed specialised piping. - Filepic

“Under the contract, Kelington will be handling the specialty gas system distribution works for the phase one construction of GlobalFoundries’ 300mm wafer fab.

“The new fabrication plant is expected to be the most advanced semi manufacturing facility in Singapore, and its memory solutions will be catered for fast-growing end-markets in the automotive, fifth generation (5G) mobility and secure device segments,” it said.

The contract will commence immediately and is slated to be completed by July 2022.

Kelington chief executive officer Raymond Gan said the latest contract win from GlobalFoundries, one of the leading semiconductor manufacturers in the world, would enhance the group’s corporate profile.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Affin Bank optimistic on growth prospects with upgraded digital strategy
Singapore tightens housing loan limits as rates rise
Malaysia's official reserve assets at US$108.2bil as at end-August
Ageson explores RM120mil sales contract with Kobena
MISC inks time charter parties with Exxon Mobil unit
Bursa bounces higher on bargains
Gamuda rises in early trade following record-breaking earnings in FY22
Turkish, Malaysian exports to enjoy duty-free treatment effective Jan 1, 2023
China's Sept factory activity contracts more sharply as demand slumps - Caixin PMI
Ringgit opens higher vs US dollar for second consecutive day

Others Also Read