CORP BRIEF: Kimlun-Samling, Petronas-Sumisaujana, Gagasan Nadi Cergas and HDC

by TMR / pic by TMR FILE 

Kimlun secures RM780m contract from Samling

KIMLUN Bhd’s wholly-owned unit, Kimlun Sdn Bhd, has secured a RM780 million contract from Samling Resources Sdn Bhd to undertake the main works for the  construction and maintenance of Sarawak-Sabah Link Road Construction Project (Lawas-Long Lopeng Junction). The construction work is expected to be completed in the second quarter of 2025. The award takes the total year-to-date construction projects and manufacturing orders secured by Kimlun to RM1 bil.

Petronas and Sumisaujana to commercialise corrosion mitigation solution

PETRONAS Technology Ventures Sdn Bhd (PTVSB) today signed a Commercialisation Agreement with Sumisaujana TCM Chemicals Sdn Bhd (SSTCM) to commercialise PETRONAS’ proprietary corrosion inhibitor technology, Corrosion Inhibitor 4 (CI4). CI4, a technology to suppress corrosion in steel pipelines to an acceptable limit, is poised to be an effective solution for the energy industry to facilitate natural gas transportation from high carbon dioxide (CO2) gas fields. This technology also serves as an enabler for the carbon capture, utilisation and storage (CCUS) initiatives specifically in the area of transportation.

Gagasan Nadi Cergas wins RM 33.9m contract to build mosque at Merdeka 118

GAGASAN Nadi Cergas Bhd won a contract worth RM33.9 million to build a mosque at Merdeka 118, an iconic skyscraper under construction in Kuala Lumpur (KL). In a statement yesterday the company said Nadi Cergas Sdn Bhd, a wholly-owned subsidiary of the Group, has accepted the Letter of Award from PNB Ventures Sdn Bhd (PNB Ventures), the developer of Merdeka 118, for the construction and completion of the mosque. The construction will commence on 1 December 2021 for a duration of 18 months, and is expected to complete on 31 May 2023.

HDC inks MoU with African Institute of Islamic Finance to support ECOWAS halal ecosystem

THE Halal Development Corp Bhd (HDC) has inked a memorandum of understanding (MoU) with the African Institute of Islamic Finance (AIIF) to support the establishment of a halal ecosystem in the Economic Community of West African States (ECOWAS). In a statement yesterday HDC, which is a Malaysian federal government agency mandated as the custodian of Malaysia’s halal economy, said the collaboration was made in conjunction with the Halal Cluster Week at Expo 2020 Dubai, United Arab Emirates (UAE). – Bernama