KUALA LUMPUR: Sustainable energy and engineering solutions provider Kinergy Advancement Bhd (KAB) has bagged another engineering contract worth RM29.5 million from Mah Sing Group Bhd (Mah Sing).
This marks the 14th contract won by KAB, following the M Nova project announced on December 5, 2023.
In March, Pembinaan Bintang Baru Sdn Bhd (PBB) also firmly appointed KAB as their sub-contractor for electrical works for a contract worth RM9.8 million.
These contracts highlight KAB’s 27-year reputation as an electrical specialist in the engineering sector, even as the company has transformed into a leading player in the energy industry, specifically in the realm of sustainable energy solutions (SES).
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.
KAB executive deputy chairman and group managing director Datuk Lai Keng Onn said the latest contract win marks the company’s 14th project for property giant Mah Sing and 13th for Bintang Baru.
“Our expertise and reputation in the engineering field remain strong with returning and regular reputable clients.
“Their trust in our competence and capabilities to drive the success and excellence of their esteemed projects keeps us optimistic.
“We believe that the engineering sector will continue to sustain itself and play a pivotal role as one of the enablers to the company’s growth,” he said in a statement.
Over the past 27 years, KAB has successfully executed 119 projects spanning residential, industrial, and commercial developments.
The company’s engineering segment boasts an order book balance of approximately RM166.0 million and pending tenders worth RM153.8 million.
This strong foundation also positions KAB favourably to benefit from Malaysia’s revitalised infrastructure development, increased demand for residential, commercial, and industrial projects, and heightened investment in infrastructure projects.
With these new contracts, KAB is poised to continue its trajectory of success in the engineering sector.
