KUALA LUMPUR: Kinergy Advancement Bhd (KAB) has won an engineering contract valued at RM29.5 million from Mah Sing Group Bhd.
KAB will provide supply, delivery, installation, testing, commissioning, and maintenance of electrical and extra low voltage (ELV) works for 1,526 service apartment units at Persiaran Eco Cascadia in Johor Bahru.
This marks the 14th contract won by KAB after it bagged a RM31.04 million contract to undertake electrical works for multi storey M Nova residential development in Kepong, Kuala Lumpur.
In March 2024, Pembinaan Bintang Baru Sdn Bhd (Bintang Baru) also officially appointed KAB as their sub-contractor for electrical works under a contract valued at RM9.8 million.
"Both contracts, valued at RM39.3 million, have been awarded to KAB in recognition of its valued engineering work and comprehensive range of electrical services for residential development over the years," it said.
KAB executive deputy chairman cum group managing director Datuk Lai Keng Onn said the company's expertise and reputation in the engineering field remain robust, supported by a steady stream of returning and reputable clients.
"Despite the implementation of a prudent approach to tendering engineering contracts and the proud announcement of the strategic shift into the energy sector, I am privileged to witness the continued trust our clients place in KAB," he said.
"Their trust in our competence and capabilities to drive the success and excellence of their esteemed projects keeps us optimistic," Lai added.
He said the engineering sector will remain self-sustaining and serve as a key driver of the group's growth.
Over the past 27 years, KAB has completed 119 projects across residential, industrial, and commercial developments.
KAB's engineering division has an order book balance of around RM166.0 million and pending tenders totaling RM153.8 million.