Kinergy Advancement wins RM31mil electrical works contract for Mah Sing project


KAB executive deputy chairman and group managing director Datuk Lai Keng Onn -LOW BOON TAT/THE STAR

KUALA LUMPUR: Kinergy Advancement Bhd (KAB) has won a RM31.04mil contract to undertake electrical works for Mah Sing Group Bhd’s multistorey M Nova residential development in Kepong, Kuala Lumpur.

“This award, which is the second contract touching RM30mil in November alone, elevates KAB’s outstanding orderbook value before the year concludes,” the sustainable energy and engineering solutions specialist said in a statement.

KAB has been appointed as the subcontractor to carry out electrical, telephone and extra low voltage works for these three blocks service apartment project.

The project will have a total of 2,080 units to be built in two phases, with the first phase consisting of tower A and tower B with 624 units respectively, on top of seven floors of carpark facilities and other amenities and a second phase in the form of tower C with the remaining 832 residential units and a retail podium at the lower levels.

"This contract will not only fortify our existing orderbook with a long-term client but also further solidify our partnership with Mah Sing. It demonstrates the trust and confidence that Mah Sing has in our capabilities and expertise,” executive deputy chairman cum group managing director Datuk Lai Keng Onn said in statement.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

China's Country Garden faces liquidation petition
Leong Hup shares slide following earnings announcement
FBM KLCI expected to maintain uptrend
Singapore bank OCBC fourth-quarter profit misses expectations, sees rates falling
Olam Group's Singapore-Saudi dual IPO plan for agricultural unit delayed again
Trading ideas: Mah Sing, Unisem, Alliance Bank, MISC, Tenaga, PetGas, Nestle, UOA, MBSB and Heineken
Macy’s mulls closing San Francisco flagship amid plans to shutter 150 stores
Sedania to reassess position
Tropicana achieves record revenue
P.A. Resources records highest ever quarterly gain

Others Also Read