PETALING JAYA: B.I.G. Industries Bhd (BIG) is acquiring an air separation unit (ASU) from Pure Gas Engineering Sdn Bhd (PGE) for RM22.9mil.
In a filing with Bursa Malaysia, the industrial gases manufacturer said the ASU is for its branch at the Samalaju Industrial Park in Bintulu, Sarawak.
BIG said PGE will undertake the design, supply, delivery, installation, testing, commissioning and training for the ASU with a production capacity of 60 tonnes per day.
BIG said it already has an existing ASU in Kuching, Sarawak.
“The purchase will increase the existing production capacity, improve operational efficiency and is a strategic integration with industries within the vicinity of Bintulu and Samalaju Industrial Park.
“The purchase is not expected to have a significant effect on the earnings and net assets per share for the financial year ending June 30, 2026.”
However, BIG said the purchase is expected to contribute positively to the future earnings of the company.
