KUALA LUMPUR: Bintai Kinden Corp
Bhd has secured a RM8.5mil contract from Tenaga Nasional Bhd for provide and set up works at PMU 132/11kV Jengka, Pahang.
In an announcement, the group mentioned its subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd has acquired a letter of award from Tenaga to provide, erect, take a look at and fee a transformer, earthing transformer and single bus gasoline insulated switchgear on the facility.
The contract is anticipated to be accomplished 18 months from the graduation date.
Bintai Kinden govt director Azri Azerai mentioned the contract is anticipated to contribute positively to the income and earnings of the Company for the monetary years ending March 31, 2022, and March 31, 2023, in addition to to the long run earnings and web belongings per share of the group.
“Inclusive of this contract, Bintai Kinden has successfully increased its outstanding order book to approximately RM113.53mil, which will provide a healthy earnings visibility for the next two years,” he added.
