KUALA LUMPUR: KKB Engineering Bhd and its subsidiary have secured contracts with a combined value of about RM23.7mil.

       In a filing with Bursa Malaysia, the engineering and manufacturing group said it had received a letter of award from the Kuching Water Board (KWB).

       The job involves the diversion of the existing 100mm N.D. MSCL Pumping Mains at Sg Maong Paroh, Jalan Matang/Batu Kawa, Kuching Division.

       It added that its subsidiary OceanMight Sdn Bhd has secured a contract from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) for the provision of supplies and services to carry out piles fabrication, load out and sail away for the SK408W Jerun A CPP Jacket.

       The KWB contract is to be executed over a period of 12 months while the MMHE job will take place between February 2022 and February 2023.

       “The abovementioned subcontract and the KWB contract will have no effect on the share capital of KKB and are expected to contribute positively towards the earnings and net assets of the group,” it said.