KUALA LUMPUR: UUE Holdings Bhd
’s wholly-owned subsidiary, Kum Fatt Engineering Sdn Bhd has renewed its contract with Komasi Engineering Sdn Bhd, and secured three additional contracts from the same company, bringing the total contract value to RM92.4 million.
The renewed contract encompasses the installation, testing and commissioning of 11 kilovolts (kV) underground cables within Tenaga Nasional Bhd’s (TNB) distribution network and accessories for asset development in Malaysia’s east coast region, for an additional contract value of RM13 million.
The project is targeted for completion by June 2026, UUE said in a Bursa Malaysia filing today.
Meanwhile, the three new contracts from Komasi Engineering, worth RM79.4 million, entail the installation, testing, and commissioning of 11kV and 33kV underground cables and accessories within the TNB distribution network in Malaysia’s east coast and southern regions.
"These contracts are part of TNB’s asset development initiatives, with a contract period spanning two years from the first issuance of the notice to start work. The contracts also include an option for a one-year extension,” it said.
The contracts lift UUE’s total order wins in calendar year 2025 to RM184.5 million.
UUE managing director Datuk Dr Ting Kok Hwa said looking ahead, the group is committed to enhancing its business track record via exemplary execution of the contracts, which will allow UUE to secure more orders in the national energy infrastructure upgrade and development agenda. - Bernama
