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SKA Capital unit accepts RM89.28mil award for TNB contracts
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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.

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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