UUE bags RM67.5 mil subcontracts linked to pipe installation - News Summed Up

UUE bags RM67.5 mil subcontracts linked to pipe installation


KUALA LUMPUR (Feb 10): UUE Holdings Bhd (KL:UUE) has secured two subcontracts related to pipe installation for power cables valued at RM67.5 million. The subcontracts, both valued at S$10.88 million (RM33.73 million) respectively, are for the provision of materials, tools, labour and equipment for the installation of high-density polyethylene pipes in West Jurong Island, Singapore, according to the underground utilities engineering firm’s bourse filing on Tuesday. Both subcontracts will run from Feb 9, 2026, to Dec 31, 2027. The subcontracts pertain to two separate sections of power cables from Ayer Rajah Shaft to Shipyard Shaft. The project’s principal is SP PowerAssets Ltd. One section’s main contractor is Taihan Cable & Solution Co Ltd, while the other section’s is China International Water & Electrical Corp (S) Pte Ltd.


Source: The Edge Markets February 10, 2026 14:05 UTC



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