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KKB Engineering wins order worth RM23.9 million- The 19th China (Guangzhou) Int¡¯l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition
10/26/2017 plate metal expo-wire expo |
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The Edge Markets reported that KKB Engineering Bhd has received purchase orders totaling RM23.9 million, for the supply and delivery of mild steel casing and concrete-lined mild steel pipes.
In a filing with the stock exchange this evening, KKB Engineering said the contracts are for its subsidiary, Harum Bidang Sdn Bhd, and were received from CMS Infra Trading Sdn Bhdand Kimlun Sdn Bhd.
KKB Engineering said it will provide CMSIT the supply and delivery of the concrete-lined mild steel pipes, which will be completed within the first quarter of 2018.
As for Kimlun, the supply contract of mild steel casing is slated for completion within the fourth quarter of 2017 (4QFY17).
KKB Engineering added that "The above awards are expected to contribute positively to earnings and net assets of the group for financial years ending Dec 31, 2017 (FY17) and Dec 31, 2018 (FY18).¡±
-- The 19th China (Guangzhou) Int¡¯l Plate
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Metal Processing expo.
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