KUALA LUMPUR: Kejuruteraan Asastera Bhd’s growth is imminent as its listing on the Ace Market will support its expansion plan, Maybank Investment Bank said. Maybank IB said Kejuruteraan Asastera has an outstanding order book of RM216.9 million at end-May 2017, which will be progressively recognised over FY17-FY19. Kejuruteraan Asastera has almost 20 years of experience in the electrical and mechanical engineering services industry. It is registered with the Energy Commission Malaysia as a Class A electrical contractor, which allows the group to tender for electrical projects exceeding RM1 million. It is also registered with the CIDB as a Grade “G7” license holder, allowing the group to tender for electrical projects with unlimited value.

Source: New Strait Times November 17, 2017 00:45 UTC