KUALA LUMPUR, Steel Hawk Bhd, a provider of support services to major oil and gas players, has secured a scaffolding services contract from EPOMS Sdn Bhd for its operational sites.
The contract, awarded to its wholly owned subsidiary Steel Hawk Engineering Sdn Bhd (SHESB) on July 25, was disclosed in a filing with Bursa Malaysia on Wednesday.
Under the agreement, SHESB will deliver scaffolding services for a duration of two years—from July 25, 2025 to July 24, 2027—with an option to extend for an additional year.
Steel Hawk said the contract does not carry a fixed value, as it operates on a call-out basis, with services to be provided as and when required by EPOMS.
“The company is engaged by EPOMS to deliver specified services throughout the contract period, subject to demand,” it stated.
Despite the flexible arrangement, the contract is anticipated to contribute positively to the group’s financial performance for the financial year ending Dec 31, 2025 (FY2025).
This latest award marks Steel Hawk’s fifth contract win in 2025, following four earlier contracts secured from Petronas Carigali Sdn Bhd.
As of the time of writing on Wednesday, shares of Steel Hawk were down half a sen or 1.05% at 47 sen, giving the company a market capitalisation of RM230.30 million.
