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Kelington unit secures additional RM128mil contract for Kuching project
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KUALA LUMPUR: Kelington Group Bhd said its wholly-owned subsidiary Kelington Technologies Sdn Bhd (KTSB) been awarded another contract, valued at RM128mil, in connection with a manufacturing company's expansion project in Kuching.

In a stock exchange filing, the group said the customer, based in Sama Jaya Free Industrial Zone, had hired it for the design and build of an ultra-high-purity Deionised (DI) Water Generation and Wastewater Treatment Plant (WWTP) systems, for an advanced data storage manufacturing facility. 

The new award is expected to commence immediately and be completed by April 28.

With the latest win, the aggregate value of contracts and purchase orders secured by KTSB from the customer for the project will increase from approximately RM416mil to approximately RM544mil.

KTSB expects to continue securing further contracts from the customer covering various scopes of work in relation to the project.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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