KPower Bhd fell as much as 27 sen or 15.98% to RM1.42 this morning, after Serba Dinamik Holdings Bhd said on Tuesday it was commencing a special independent review after the board of directors was informed by its external auditor on some matters pertaining to statutory audit.
KPower bags 4 hydro power plant jobs worth RM510mil thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KPower group managing director Mustakim Mat Nun
KUALA LUMPUR: KPower Bhd has secured four engineering, procurement, construction, commission and completion (EPCC) contracts with total a value of RM510mil.
In a filing with Bursa Malaysia, KPower said its wholly owned subsidiary, KPower Engineering Sdn Bhd had accepted the letter of awards from Cabaran Hijau Sdn Bhd (CHSB), Selat Serasi Sdn Bhd (SSSB), Denai Delima Sdn Bhd (DDSB) and Koridor Mentari Sdn Bhd (KMSB).
The contracts are to undertake amongst others EPCC of mini hydro power plants in the state of Pahang Darul Makmur with a capacity of 18.7 MW in Sg. Jelai Kecil, 13.9 MW in Sg. Telom as well as 12 MW in Sg. Lemoi and 5.25 MW in Sg. Kampar in the state of Perak Darul Ridzuan.
KUALA LUMPUR (Feb 16): KPower Bhd’s healthcare unit has won a RM48.64 million contract from an Indonesian company to provide airbags and a Covid-19 test machine.
In a bourse filing, the company announced that its wholly-owned subsidiary Power Healthcare & Technologies Sdn Bhd (KPHealthTech) had accepted a letter of award from PT Biotech Maju Sejahtera (PT BMS) for the GeNose airbag and breathing bag, and GeNose Covid-19 test machine.
Under the contract, PT BMS will make purchase orders for the airbags and Covid-19 kits from KPHealthTech, which will then request the orders from the manufacturer of the medical devices. The items will be delivered to PT BMS’ warehouse.
16 Feb 2021 / 21:44 H. Deal will enhance KPower’s role in combatting Covid-19 while growing its healthcare business in one of the most populous countries in the world. – REUTERSPIX
PETALING JAYA: KPower Bhd’s wholly owned subsidiary KPower Healthcare & Technologies Sdn Bhd (KPHealthTech) has accepted a letter of award from Indonesia’s PT Biotech Maju Sejahtera (PT BMS) for the supply of airbags/ breathing bags for GeNose and GeNose Covid-19 test machines for a minimum contract price of US$12.025 million (RM48.64 million).
The contract is effective for 12 months from the acceptance date and will be governed under the laws of Indonesia.
The award is expected to contribute positively to the net assets, consolidated earnings and earnings per share of the company for the financial year ending June 30, 2021 to June 30, 2022.