PETALING JAYA: ACE Market-listed ES Sunlogy Bhd has secured three subcontract awards in Singapore with a combined value of about RM62.5mil for electrical engineering works across several building projects.
In separate filings with Bursa Malaysia on Monday, the mechanical and electrical (M&E) engineering services provider said the contracts were awarded to its 60%-owned indirect subsidiary, ES Energy Solution Pte Ltd, by Singapore-based contractor Win Engineering Pte Ltd.
The three letters of award cover a range of electrical installation works for residential and institutional developments in Singapore.
The largest contract, valued at S$12.77mil, or approximately RM39.46mil, involves the supply and installation of electrical works, including uninterruptible power supply (UPS) systems and extra-low voltage (ELV) systems, at Jurong Pioneer Junior College.
The project is scheduled to run from March 5, 2026 to March 4, 2028.
In a separate award worth S$4.44mil, equating to about RM13.72mil, ES Energy Solution will undertake electrical installation works for two projects: building works at Ang Mo Kio N7 C41A comprising 422 residential units, and the construction of high linkways from Marsiling Grove to a low linkway across Woodlands Street 13.
The scope includes telephone wiring, lightning protection systems, installation of community antenna television, external lighting, fire alarm systems and temporary electrical works, including licensed electrical worker services. The contract period runs from Sept 9, 2025 to Sept 8, 2029.
The third contract, valued at S$3.02mil, approximating RM9.33mil, relates to the supply and installation of electrical works for building works at Tampines N2C24 involving 284 residential units.
The project commenced on Oct 13, 2025 and is expected to be completed by March 12, 2028, with completion dates varying by building block.
ES Energy Solution was incorporated in Singapore in April 2025 and is a subsidiary of Savelite Engineering Sdn Bhd, which is wholly owned by ES Sunlogy.
The company undertakes installation of industrial machinery and equipment as well as mechanical and electrical engineering works.
ES Sunlogy said the contracts are expected to contribute positively to the group’s net assets per share, earnings per share and gearing throughout the duration of the projects.
The company added that the awards are not expected to have any effect on its share capital or substantial shareholdings.
The board said it does not foresee any exceptional risks arising from the contracts apart from the normal operational risks associated with construction and engineering works.
None of the directors, major shareholders, chief executive or persons connected to them have any direct or indirect interest in the contracts, the company said.
