KUALA LUMPUR: SKA Capital Bhd said its wholly-owned subsidiary SKA Rekabina Sdn Bhd has accepted a letter of award from Ibrahim & Sons Engineering Sdn Bhd for the completion of six Tenaga Nasional Bhd
contracts valued at a combined RM89.28mil.
In a filing with Bursa Malaysia, the group said the projects include the installation of 11kV and 33kV underground cables and related accessories, the construction of a 33/11kV main distribution substation in Kuantan and another in Chendering, Terengganu, and the laying of underground cable and jointing works for TNB's distribution network in Selangor.
The projects are expected to contribute positively to the future revenue, earnings and net assets
of the company and its subsidiaries over the duration of the projects.
