KKB Engineering Bags New Contracts Worth MYR462 Million; Shares Jump 9%

MT Newswires Live
09/29

KKB Engineering (KLSE:KKB) has secured a contract and supply orders worth a total of 462 million ringgit, according to a Monday filing to the Malaysian stock exchange.

The company's shares jumped nearly 9% in Tuesday's trade.

The company also bagged an engineering, procurement and construction (EPC) contract from Sarawak Shell to provide all EPC works for fixed offshore structures covering the SK408 Teja and Pepulut, as well as Temu and Inai field development projects.

In addition, KKB Group has also received orders from Hock Seng Lee and Bumia.

While the contract is effective from Aug. 28 until December 2027, the supply orders are scheduled to be completed within the fourth quarter of 2026.

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