KUALA LUMPUR, Oct 30 — Kelington Group Bhd's unit, Kelington Engineering (Shanghai) Pte Ltd, has secured a RM65.4 million contract from Chengdu Construction Engineering Corporation (Group) to supply and install bulk gas system and distribution piping for GEXIN (Chengdu) Integrated Circuit Manufacturing Co Ltd.
In a filing to Bursa Malaysia today, the company said, the job would be funded through internally-generated funds and bank borrowings.
"The contract is expected to contribute positively to the earnings and net assets of Kelington for the financial years ending December 31, 2017 and December 31, 2018,” it said.
Kelington is involved in providing engineering services, construction and general trading.
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