The main job comprises construction and completion of a water supply project, covering areas from Kota Samarahan to Sebuyau in Sarawak. KKB has also received orders for additional supply of mild steel concrete lined pipes and specials, placed by Laras Jaya Engineering Sdn Bhd, Cipta Wawasan Maju Engineering Sdn Bhd and Cityon Development Sdn Bhd. Supply orders are to be delivered in stages within the first half of 2020. KKB’s new job replenishment in 2019 currently stands at RM277.4 million, already ahead of our expectation of RM250 million for this year. KKB is at an advantage to benefit from the recent allocation in Budget 2020, with a large chunk being channelled into Sarawak’s water supply project.

Source: The Edge Markets October 23, 2019 03:00 UTC