KKB Engineering lands RM517mil water project

KKB Engineering said the project is expected to contribute positively towards the earnings and net assets of the company and group for the duration of the project.

PETALING JAYA: KKB Engineering Bhd has secured a RM517mil contract from the government through the Regional Corridor Development Authority for the “Score – Samalaju Water Supply Physical Infrastructure Phase 2” project.

In a filing with Bursa Malaysia, the company said the time of completion for the project shall be 36 months.

KKB Engineering added that it will be required to enter into a written agreement with the government.

“The project will have no effect on the share capital of the company.

“It is expected to contribute positively towards the earnings and net assets of the company and group for the duration of the project.

“Risk factors affecting the project include execution risks such as availability of skilled manpower and materials, foreign exchange and changes in pricing, weather conditions and/or political, economic and regulatory conditions,” said the company.

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KKB 工程公司表示，该项目预计将在项目周期内对公司和集团的收益和净资产做出积极贡献。

八打灵再也：KKB 工程有限公司已通过区域走廊发展局从政府获得一份价值 5.17 亿令吉的合同，负责“Score – Samalaju 供水基础设施二期”项目。

该公司在提交给马来西亚证券交易所的文件中表示，该项目的完成时间为 36 个月。

KKB工程公司补充说，它需要与政府签订书面协议。

“该项目不会对公司的股本产生任何影响。”

“预计在项目实施期间，该项目将对公司和集团的收益和净资产做出积极贡献。”

该公司表示：“影响该项目的风险因素包括执行风险，例如熟练劳动力和材料的可用性、外汇和价格变化、天气状况和/或政治、经济和监管状况。”

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