Electrical engineering service provider, HE Group Berhad (“HE Group” or the “Company”) through its wholly-owned subsidiary, Hexatech Engineering Sdn. Bhd., has accepted a Letter of Award totalling approximately RM86 million for the construction of a substation in Selangor.
Under the scope, HE Group will construct a 132 kilovolts/33 kilovolts substation, with completion targeted by 31 October 2027. This contract is expected to contribute positively to the Company’s financial performance over its duration.
Following the latest award, HE Group’s order book stood at approximately RM150 million as at 11 May 2026, providing the Group with a steady pipeline of works and earnings visibility.
Managing Director of HE Group, Mr. Haw Chee Seng said, “This contract further strengthens our track record in undertaking power distribution system and substation related works, particularly involving critical electrical infrastructure. With multiple projects currently in hand, the latest award enhances our earnings visibility as we continue to pursue opportunities in high growth end-user industries.
“At the same time, we are progressively expanding our exposure towards industries supported by long-term structural growth trends, particularly data centres, semiconductors, and renewable energy related infrastructure. Malaysia’s growing position as a regional digital and technology hub, alongside ongoing investments into the semiconductor supply chain and energy transition initiatives, provides a strong platform for us to secure further contracts in these segments,” he concluded.
