MN Holdings secures four contracts totalling RM27mil

TheStar Thu, Jun 23, 2022 11:37am - 1 year View Original


KUALA LUMPUR: MN Holdings Bhd has bagged four contracts for its substation engineering and underground utilities services and solutions business segments worth a combined RM27mil.

In a statement, the underground utilities and substation engineering specialist said the first contract was secured by its wholly-owned subsidiary MN Power Transmission Sdn Bhd to carry out design and construction works for the extension of two air insulated substations (2 x 45 MVA) at PMU 132/33kV Raub, Pahang, for RM16.9mil.

Another wholly-owned unit Mutu Nusuntara secured the other three contracts from KL-Kepong Oleomas Sdn Bhd, Top Glove Bhd unit Top Synthetic Rubber Sdn Bhd and Impiana Mahir Sdn Bhd respectively, for a total value of RM10.1mil.

“We are off to a good start. With these new wins, MNHB has successfully increased its outstanding order book to approximately RM192mil,” said MN Holdings executive director Datuk Clement Toh.

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