KKB Engineering Bhd s associate company, Edisi Optima Sdn Bhd, has secured a contract from Petronas Dagangan Bhd for LPG cylinder fabrication and maintenance, while KKB itself has received a purchase order from Perbena Emas Sdn Bhd for the supply of mild steel concrete line pipes and fittings.
The combined value of these contracts is approximately RM37.9 million, ot told the bourse in a filing today.
The Petronas contract is effective for one year, with an option to extend until 2026, while the Perbena Emas purchase order is expected to be fulfilled by the second quarter of 2025.
Its board believes these agreements will positively impact KKB and its group’s earnings and net assets. — TMR
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