CORP BRIEF: Dhaya Maju, T7 Global, BCM Alliance and KAB

by TMR / pic credit:

Dhaya Maju gets order to restrain KTMB

DHAYA Maju LTAT Sdn Bhd has obtained an Erinford injunction against the government and Keretapi Tanah Melayu Bhd (KTMB) pending the disposal of the Klang Valley Double Tracking Phase 2 (KVDT2) contract termination dispute. An Erinford injunction is intended to preserve the status quo pending the conclusion of the matter. Court of Appeal Judge Datuk Abdul Karim Abdul Jalil allowed Dhaya Maju LTAT’s appeal based on merit in the application.

T7 Global secures contract to provide ROV

T7 GLOBAL Bhd’s wholly owned subsidiary, Tanjung Offshore Services Sdn Bhd, has clinched a contract to provide mini remotely operated vehicles (ROV) underwater services for Pioneer Pegasus Sdn Bhd. According to a statement yesterday, T7 Global will provide underwater inspection and maintenance services for ten platforms located in Sabah and Sarawak using mini ROV.

BCM Alliance gets order for virus reduction devices

BCM Alliance Bhd via its wholly owned subsidiary BC Medicare Sdn Bhd and rLoop Ltd, a Hong Kong corporation, have received a letter of offer from China’s Euro-China Technology Achievement Transformation (Tianjin) Co Ltd to purchase 100,000 units of virus attenuation devices with a total sale of US$200 million (RM845 million). At US$2,000 per unit, the price will include royalties, installation and debugging, operations and technology information training, data monitoring and maintenance services. BC Medicare will be involved with the designing, developing, manufacturing, testing, configuring, assembling, packaging and shipping electronic assemblies and systems of the product. Concurrently, rLoop has engaged BCM Alliance via a memorandum of understanding to manufacture, test, configure, assemble, pack and/or ship the virus attenuation or reduction devices, as well as provision of manufacturing services for the products.

KAB bags 2 solar contracts

KEJURUTERAAN Asastera Bhd (KAB) unit, KAB Smart Solar Energy Sdn Bhd, has received a contract from Mydin Wholesale Emporium Sdn Bhd to instal a grid connected photovoltaic solar system for the largest Mydin store in Malaysia at Mydin Mall Tunjong in Kelantan. The solar system is to be installed in phases and is scheduled to achieve commercial operation date by the third quarter of 2022. KAB also inked a principal term sheet agreement with with FT Hose & Hose Sdn Bhd for the installation of two Solar Systems in Ipoh, Perak. This agreement is currently in effect and is scheduled to be in operation by the third quarter of 2022, KAB noted in a release yesterday.