Kelington bags RM102mil contracts in Singapore - News Summed Up

Kelington bags RM102mil contracts in Singapore


KUALA LUMPUR: Kelington Group Bhd has secured contracts involving the design and building of a chemical delivery system, as well as the installation of a utility main line in Singapore, worth RM102mil. The contracts are expected to contribute positively to the earnings and net assets of Kelington for the financial years ending Dec 31, 2023 and Dec 31, 2024, respectively. Chief executive officer Raymond Gan said: “We are pleased to announce that we have clinched our first contract to supply a fully customised chemical delivery system to our customer. The group has so far secured new orders amounting to RM569mil in the current financial year ending Dec 31, 2023. Inclusive of the contracts carried forward from the previous year, the group has an outstanding orderbook of RM2.269bil.


Source: The Star April 27, 2023 10:05 UTC



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