Kelington Unit Bags Further MYR133 Million Steel Works Deal

MT Newswires Live
Oct 05

Kelington (KLSE:KGB) unit Kelington Technologies secured a further contract worth about 133 million ringgit from a manufacturing company at Sama Jaya Free Industrial Zone in Sarawak, Malaysia.

The new award covers major structural steel works for the customer's advanced data storage manufacturing facility, according to a Monday filing.

The deal works will begin immediately, and are set to be completed by April 2028.

The latest award brings the aggregate value of contracts and purchase orders secured by Kelington Technologies from the customer for the project to about 416 million ringgit, from 283 million ringgit previously.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10