KUALA LUMPUR, Steel Hawk Bhd, through its wholly-owned subsidiary Steel Hawk Engineering Sdn Bhd, has secured a series of contracts worth a combined total of RM60.97 million from Sega Elektrik Sdn Bhd. In a filing with Bursa Malaysia, the group said the contracts were officially awarded on Oct 23, 2025.
Under the agreements, Sega Elektrik appointed Steel Hawk Engineering as a subcontractor to undertake the installation, testing, and commissioning of 415 volts and below for underground cables, overhead systems, jointing and termination works, along with other related accessories. The projects form part of Tenaga Nasional Bhd’s Asset Development Distribution Network Division initiatives.
The contracts span one year, beginning Oct 23, 2025, and are scheduled to run until Oct 22, 2026, with an option for a one-year extension subject to Sega Elektrik’s discretion.
Steel Hawk said the new contracts further strengthen its order book and reflect the company’s growing reputation and capabilities in delivering high-quality electrical and engineering services.
“These contracts are expected to contribute positively to the group’s earnings for the financial year ending Dec 31, 2025, while having no impact on the company’s share capital or shareholding structure,” it added.
The company noted that the latest wins are consistent with its strategy to pursue sustainable growth through targeted project acquisitions within the energy and utilities sector.
