English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 28 July 2022, 14:00 HKT/SGT
Share:
    

Source: Bintai Kinden Corporation Berhad
Bintai Kinden JV Wins Contracts to Supply O&G-Related Equipment
Bintai Energy awarded latest contracts worth RM4.43 million from Petro Flanges & Fittings

PETALING JAYA, Malaysia, July 28, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that Bintai Energy Sdn Bhd (Bintai Energy) has been awarded a series of additional sub-contracts by Petro Flanges & Fittings Sdn Bhd (PFF) to supply high-grade carbon steel/stainless steel piping, valves and piping accessories with a value of approximately RM4.43 million to companies in the oil and gas (O&G) industry.

Azri Azerai, Executive Director of Bintai Kinden

Bintai Kinden, through wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has a 51% interest in Bintai Energy, with the other 49% interest held by PFF. KBK is a M&E engineering services specialist while PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.

En. Azri Azerai, Executive Director of Bintai Kinden said, "These sub-contracts are a welcome addition to the stable of sub-contracts under KBK and we believe that the partnership we have with PFF through Bintai Energy is an effective platform from which both sides can leverage and benefit."

"The dynamic team at Bintai Kinden is continuously evolving and one area we are focusing on is the O&G industry where we are tapping into opportunities from rising activities in the industry. Under these sub-contracts, we are supplying equipment to various established companies with O&G-related businesses and activities. Bintai Energy has been awarded with similar contracts since its establishment in March 2022 and we hope to be able to win more such contracts given our expertise and knowledge."

With the most recent sub-contracts, Bintai Energy has clinched a total of approximately RM9.0 million under the Bintai Energy JV since its formation.

Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/

Topic: Press release summary
Source: Bintai Kinden Corporation Berhad

Sectors: Energy, Alternatives, Daily News, Local Biz, Oil & Gas
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2023 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Bintai Kinden Corporation Berhad Related News
Feb 7, 2023 14:10 HKT/SGT
SCIB and Bintai Kinden in Strategic Alliance
Jan 20, 2023 16:00 HKT/SGT
Bintai Kinden Redesignates Ku Chong Hong as Group Managing Director
Jan 10, 2023 14:00 HKT/SGT
Bintai Kinden Ventures into Digital Assets
Jan 3, 2023 13:00 HKT/SGT
Bintai Kinden Expands Further into O&G
Nov 25, 2022 18:00 HKT/SGT
Bintai Kinden Awarded RM39 Million Project from TNB
More news >>
Copyright © 2023 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575