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【KENERGY 0307 交流专区】
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IPO Prospectus
Subject | INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 110,000,000 NEW ORDINARY SHARES IN THE COMPANY ("SHARES") IN THE FOLLOWING MANNER: - 27,500,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 19,250,000 NEW SHARES AVAILABLE FOR APPLICATION BY THR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; AND -63,250,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY ("MITI"); AND (II) OFFER FOR SALE OF 34,500,000 EXISTING SHARES IN THE FOLLOWING MANNER: - 5,500,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY MITI; AND - 29,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, AT AN ISSUE / OFFER PRICE OF RM0.30 PER SHARE, PAYABLE IN FULL UPON APPLICATION. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3442438
Type | Announcement | Subject | OTHERS | Description | KAWAN RENERGY BERHAD ("KAWAN" OR THE "COMPANY")LISTING OF KAWAN ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING") | (Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the Prospectus dated 29 April 2024 in relation to the Listing)
M & A Securities Sdn Bhd, on behalf of the Board, wishes to announce the following with regards to the Listing:
(a) Level of subscription;
(b) Basis of allotment/allocation;
(c) Distribution of the private placement tranche; and
(d) Disclosure of placees who become substantial shareholder of Kawan arising from the Listing, if any.
Further details of the above are set out in the attachment.
This announcement is dated 17 May 2024. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3447970
Date of Listing | 29 May 2024 | Enlarged Issued Share Capital in the following | Units | 550,000,000 | Currency | Malaysian Ringgit (MYR) | Par Value($$) (if applicable) | 0.000 | Enlarged Issued Share Capital ($$) | 78,144,001.000 | Stock Code | 0307 | Stock Name | KENERGY | ISIN code | MYQ0307OO007 | Board | ACE Market | Bursa Sector | INDUSTRIAL PRODUCTS & SERVICES | Bursa Sub Sector | INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT | Do you wish to list any child stock / new type of securities in conjunction with the IPO/Admission to LEAP Market? | No |
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楼主 |
发表于 21-8-2024 11:26 AM
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SUMMARY OF KEY FINANCIAL INFORMATION
31 Jan 2024 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD | 31 Jan 2024 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2023 | $$'000 | $$'000 | $$'000 | $$'000 |
1 | Revenue | 19,946 | 0 | 19,946 | 0 | 2 | Profit/(loss) before tax | 5,151 | 0 | 5,151 | 0 | 3 | Profit/(loss) for the period | 4,203 | 0 | 4,203 | 0 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 4,203 | 0 | 4,203 | 0 | 5 | Basic earnings/(loss) per share (Subunit) | 0.41 | 0.00 | 0.41 | 0.00 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | 7
| Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.1000 | 0.1000
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楼主 |
发表于 21-8-2024 11:29 AM
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Particulars of substantial Securities HolderName | MR LIM THOU LAI | Nationality/Country of incorporation | Malaysia | Descriptions (Class) | Ordinary Shares | Details of changesNo | Date of change | No of securities | Type of Transaction | Nature of Interest | 1 | 27 May 2024 | 34,500,000 | Others | Direct Interest | Name of registered holder | LIM THOU LAI | Description of "Others" Type of Transaction | Offer for Sale |
Circumstances by reason of which change has occurred | Offer for Sale | Nature of interest | Direct Interest | Direct (units) | 387,900,000 | Direct (%) | 70.5 | Indirect/deemed interest (units) | 0 | Indirect/deemed interest (%) | 0 | Total no of securities after change | 387,900,000 | Date of notice | 27 May 2024 | Date notice received by Listed Issuer | 27 May 2024 |
Type | Announcement | Subject | OTHERS | Description | PRESS RELEASE - KAWAN RENERGY BERHAD SUCCESSFULLY LISTS ON THE ACE MARKET WITH STRONG DEBUT | Please refer to the attached press release for information. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3451312
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楼主 |
发表于 21-8-2024 11:30 AM
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SUMMARY OF KEY FINANCIAL INFORMATION
30 Apr 2024 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD | 30 Apr 2024 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2023 | $$'000 | $$'000 | $$'000 | $$'000 |
1 | Revenue | 22,186 | 0 | 42,132 | 0 | 2 | Profit/(loss) before tax | 6,518 | 0 | 11,669 | 0 | 3 | Profit/(loss) for the period | 4,393 | 0 | 8,596 | 0 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 4,393 | 0 | 8,596 | 0 | 5 | Basic earnings/(loss) per share (Subunit) | 0.03 | 0.00 | 0.06 | 0.00 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | 7
| Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.0900 | 0.1000
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楼主 |
发表于 21-8-2024 11:30 AM
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Type | Announcement | Subject | OTHERS | Description | KAWAN RENERGY BERHAD ("KRB" or "COMPANY")LETTER OF AWARD FROM CHEMICAL INDUSTRIES (MALAYA) SDN BHD FOR FABRICATION AND INSTALLATION WORKS RECEIVED BY KAWAN ENGINEERING SDN BHD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY | The Board of Directors of Kawan Renergy Berhad is pleased to announce that its wholly owned subsidiary, Kawan Engineering Sdn Bhd, had on 28 June 2024 accepted a Letter of Award from Chemical Industries (Malaya) Sdn Bhd [Registration No. 196001000083 (3757-T)] (“CIMSB”) to undertake the fabrication and installation work at the Malaysia site of CIMSB for a contract sum of RM11,799,388.00.
Please refer to the attachment for detailed announcement. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459991
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楼主 |
发表于 21-8-2024 11:31 AM
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Type | Announcement | Subject | OTHERS | Description | KAWAN RENERGY BERHAD [Registration No.: 202201039658 (1485355-U)] ("KRB" or "the Company")- SUBCONTRACT AGREEMENT BETWEEN KAWAN ENGINEERING SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF KRB WITH KAB ENERGY HOLDINGS SDN. BHD. A SUB-CONTRACT SUM OF RM58.0 MILLION | The Board of Directors of Kawan Renergy Berhad (“KRB” or “Company”) wishes to announce that Kawan Engineering Sdn. Bhd. (Registration No: 199601013253 (385603-U)), a wholly owned subsidiary of KRB (hereinafter referred to as “KESB” or “Subcontractor"), has on 7 August 2024, entered into a Contractor Agreement with KAB Energy Holdings Sdn. Bhd. (Registration No. 202101013322 (1413621-K)) (hereinafter referred to as “KABEH” or the “EPCC Contractor”), a wholly-owned subsidiary of Kinergy Advancement Berhad (“KAB”),whereby KABEH appointing KESB for the provision of mechanical and firefighting works and electrical works for the 52 MW power plant (hereinafter defined as “Project”) and its associated facilities in Sipitang, Sabah for a subcontract sum of RM58.0 million inclusive all forms of taxes (including without limitation the sales tax, service tax, goods and services tax, value-added tax and withholding tax), custom charges, duties and levies (“Subcontract Sum”) subject to the terms and conditions as stipulated in the agreement (hereinafter referred to as “Subcontract”).
Please refer to the attachment for further details of the Subcontract.
This announcement is dated 7 August 2024. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3471741
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楼主 |
发表于 25-9-2024 06:44 AM
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Type | Announcement | Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS | Description | KAWAN RENERGY BERHAD ("KRB" or "the Company")(1) SHARE SUBSCRIPTION AGREEMENT FOR ORDINARY SHARES BY KAWAN ENGINEERING SDN. BHD. ("KESB"), A WHOLLY OWNED SUBSIDIARY OF KAWAN RENERGY BERHAD IN I PRECISION SDN. BHD. ("PROPOSED SUBSCRIPTION OF OS") (2) SUPPLEMENTAL AGREEMENT IN RELATION TO THE PROPOSED SHARES SUBSCRIPTION IN I PRECISION BETWEEN KESB, ATREON, ABG ABDUL AZIZ ABG MOHAMMED ("ABG AZIZ") AND GAS PANTAI TIMUR SDN. BHD. ("GPT") ("SA") ("PROPOSED SHARES ACQUISITION") | (1) SHARE SUBSCRIPTION AGREEMENT FOR ORDINARY SHARES BY KAWAN ENGINEERING SDN. BHD. ("KESB"), A WHOLLY OWNED SUBSIDIARY OF KAWAN RENERGY BERHAD IN I PRECISION SDN. BHD. ("PROPOSED SUBSCRIPTION OF OS")
The Board of Directors of KRB wishes to announce that KRB's wholly-owned subsidiary, KESB has on 24 September 2024 entered into a Share Subscription Agreement (“SSA” or “Agreement”) with
I Precision Sdn. Bhd. (“I Precision” or the “Targeted Company”);
Atreon Holdings Sdn. Bhd. (“Atreon”); and
1. Wan Ziad Ariff (“Ziad”) 2. Wan Hamimie Binti Wan Ariff 3. Wan Hidayah Ariff 4. Wan Hilwanie Ariff 5. Wan Huzaifah Ariff 6. Abang Abdul Aziz Bin Abg. Mohammed (“Abg Aziz”) 7. Globrant Holdings Sdn Bhd (Registration No: 200501025781(707914-W)) 8. IP Manufacturing Sdn Bhd (Registration No.: 201401009499(1085577-H)) 9. Gas Pantai Timur Sdn Bhd (Registration No.: 198001004972(58757-T)) (“GPT”) (collectively, “Existing Shareholders”)
10. Wan Ariff Bin Wan Hamzah (“Dato’ Wan”) (collectively, the “Other Shareholders”)
(collectively referred to as “Parties” and individually as “Party”, as the context may require)
whereby KESB and Atreon agree to subscribe for 210,216,200 and 140,153,800 ordinary shares respectively in I Precision and I Precision agrees to allot and issue 210,216,200 ordinary shares (“Subscription of Ordinary Shares or “Subscription of OS”) to KESB for a total cash consideration of RM2,400,000 (“Subscription Price”) and 140,153,800 ordinary shares to Atreon for a cash consideration of RM1,600,000.
(hereinafter referred to as “Proposed Subscription of OS”)
Upon completion of the Proposed Subscription of OS, I Precision will become a 51% subsidiary of KRB through KESB.
(2) SUPPLEMENTAL AGREEMENT IN RELATION TO THE PROPOSED SHARES SUBSCRIPTION IN I PRECISION BETWEEN KESB, ATREON, ABG ABDUL AZIZ ABG MOHAMMED (“ABG AZIZ”) AND GAS PANTAI TIMUR SDN. BHD. (GPT) (“SA”)
KESB has on 24 September 2024 entered into the supplemental agreement with Atreon, Abg Aziz and GPT whereby following the execution of the Principal Agreement, KESB and/or Atreon shall within 3 years from the date of the SA, purchase or otherwise acquire all of the shares in I Precision (“Sale Shares”) held by: - Abg Aziz, for the consideration of RM457,325; and
- GPT, for the consideration of RM2,542,675
in such proportion that thereupon the percentage (%) of KESB’s shareholdings in the Company shall be 51% and the percentage (%) of Atreon’s shareholdings in the Company shall be 49%.
(“Proposed Shares Acquisition”)
Please refer to the attachment for further details of the Proposed Subscription of OS and Supplemental Agreement in relation to the Proposed Shares Acquisition.
This announcement is dated 24 September 2024. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3485869
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楼主 |
发表于 28-9-2024 01:42 PM
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SUMMARY OF KEY FINANCIAL INFORMATION
31 Jul 2024 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD | 31 Jul 2024 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2023 | $$'000 | $$'000 | $$'000 | $$'000 |
1 | Revenue | 31,823 | 0 | 73,955 | 0 | 2 | Profit/(loss) before tax | 8,410 | 0 | 20,079 | 0 | 3 | Profit/(loss) for the period | 5,308 | 0 | 13,904 | 0 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 5,308 | 0 | 13,904 | 0 | 5 | Basic earnings/(loss) per share (Subunit) | 0.02 | 0.00 | 0.05 | 0.00 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | 7
| Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.1600 | 0.1000
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楼主 |
发表于 1-10-2024 02:59 AM
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Type | Reply to Query | Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-27092024-00002 | Subject | KAWAN RENERGY BERHAD (KRB OR THE COMPANY) (1) SHARE SUBSCRIPTION AGREEMENT FOR ORDINARY SHARES BY KAWAN ENGINEERING SDN. BHD. ("KESB"), A WHOLLY OWNED SUBSIDIARY OF KAWAN RENERGY BERHAD IN I PRECISION SDN. BHD. (PROPOSED SUBSCRIPTION OF OS); AND (2) SUPPLEMENTAL AGREEMENT IN RELATION TO THE PROPOSED SHARES SUBSCRIPTION IN I PRECISION BETWEEN KESB, ATREON, ABG ABDUL AZIZ ABG MOHAMMED (ABG AZIZ) AND GAS PANTAI TIMUR SDN. BHD. (GPT) (SA) (PROPOSED SHARES ACQUISITION) (COLLECTIVELY, | Description | KAWAN RENERGY BERHAD ("KRB" or "the Company") (1) SHARE SUBSCRIPTION AGREEMENT FOR ORDINARY SHARES BY KAWAN ENGINEERING SDN. BHD. ("KESB"), A WHOLLY OWNED SUBSIDIARY OF KAWAN RENERGY BERHAD IN I PRECISION SDN. BHD. ("PROPOSED SUBSCRIPTION OF OS") (2) SUPPLEMENTAL AGREEMENT IN RELATION TO THE PROPOSED SHARES SUBSCRIPTION IN I PRECISION BETWEEN KESB, ATREON, ABG ABDUL AZIZ ABG MOHAMMED ("ABG AZIZ") AND GAS PANTAI TIMUR SDN. BHD. ("GPT") ("SA") ("PROPOSED SHARES ACQUISITION") | Query Letter Contents | We refer to your Company’s announcement dated 24 September 2024, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1) The basis of the market value of the underlying assets of I Precision, and to quantify the amount thereof.
2) The details of the underlying assets of I Precision.
3) The breakdown of the sources of funding between internally generated funds and bank borrowings.
4) The prospects of I Precision.
5) The aggregate percentage ratio for the Proposed Subscription of OS and Proposed Share Acquisition. 6) The financial effect of the Proposals on the gearing of the Group. | Further to the Company's announcement on 24 September 2024, the Board of Directors of the Company wishes to provide additional information and clarification as per attached.
This announcement is dated 30 September 2024. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3487646
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楼主 |
发表于 25-3-2025 06:33 AM
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SUMMARY OF KEY FINANCIAL INFORMATION
31 Jan 2025 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD | 31 Jan 2025 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2024 | MYR'000 | MYR'000 | MYR'000 | MYR'000 |
1 | Revenue | 29,328 | 19,946 | 29,328 | 19,946 | 2 | Profit/(loss) before tax | 6,763 | 5,151 | 6,763 | 5,151 | 3 | Profit/(loss) for the period | 4,931 | 4,203 | 4,931 | 4,203 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 4,931 | 4,203 | 4,931 | 4,203 | 5 | Basic earnings/(loss) per share (Subunit) | 0.90 | 41.21 | 0.90 | 41.21 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 1.25 | 0.00 |
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| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | 7
| Net assets per share attributable to ordinary equity holders of the parent | 0.1700 | 0.1700
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楼主 |
发表于 8-8-2025 03:31 AM
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Type | Announcement | Subject | OTHERS | Description | KAWAN RENERGY BERHAD ("KRB" or "the Company")LETTER OF AWARD FROM VALMECH ENGINEERING SDN. BHD. FOR SUPPLY, DELIVERY, SUPERVISION OF INSTALLATION, SUPERVISION OF TESTING AND COMMISSIONING OF CHEMICAL STORAGE TANKS | The Board of Directors of Kawan Renergy Berhad (“KRB”) is pleased to announce that its wholly owned subsidiary, Kawan Engineering Sdn Bhd (“KESB”) had on 30 May 2025 accepted a Letter of Award from Valmech Engineering Sdn Bhd (“VESB”) as an appointed Nominated Supplier (“NS”) by Gamuda M&E Sdn Bhd to supply, delivery, supervision of installation, supervision of testing and commissioning of chemical storage tanks for the Proposed Development of Sg. Rasau Water Supply Scheme (Stage 1), Selangor Darul Ehsan, Package 1 – Design and Build of Proposed Rasau Intake, Raw Water Pumping Mains, Water Treatment Plant and Associated Works (“Project”) with an overall contractual sum of RM17,410,000.
Please refer to the attachment for detailed announcement.
This announcement is dated 30 May 2025. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3558975
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楼主 |
发表于 9-8-2025 03:34 PM
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Date of change | 03 Jun 2025 | Name | DR CHUAH CHAW TEO | Age | 73 | Gender | Male | Nationality | Malaysia | Designation | Non Executive Chairman | Directorate | Independent and Non Executive | Type of change | Resignation | Reason | Due to time constraints resulting from personal and other corporate commitments | Details of any disagreement that he/she has with the Board of Directors | No | Whether there are any matters that need to be brought to the attention of shareholders | No | QualificationsNo | Qualifications | Major/Field of Study | Institute/University | Additional Information |
Working experience and occupation | He commenced his career as a Teaching Assistant in the Polymer Laboratory at the State University of New York, College of Environmental Science and Forestry at Syracuse, New York in 1980 where he conducted research on natural polymer. He returned to Malaysia upon completing his tenure as a Teaching Assistant in 1982 and became a lecturer at the Institut Pengajian Tinggi, Universiti Malaya where he was involved in the research of conversion of waste materials such as palm oil waste into useful products. He left Universiti Malaya in 1983. Between 1983 and 1997, he was the Chief Chemist and General Manager of Research & Development of Yee Lee Edible Oils Sdn. Bhd. (a subsidiary of Yee Lee Corporation Berhad which is a major shareholder of Spritzer Bhd (a company listed on the Main Market of Bursa Securities)) where he conducted research and supervised lab operations and ensured the quality of palm oil products. In addition, he was also the Executive Director of Spritzer Bhd where he oversaw the overall management and operations of the group and research department and was involved in strategic decision making between 1994 and 2017. He was later re-designated as the Research & Development Director of Spritzer Bhd after 2017. Since 1997, he also serves as Director and General Manager of Chuan Sin Sdn. Bhd. (a subsidiary of Spritzer Bhd) where he is responsible for the product development, quality control and improvement of their products. | Family relationship with any director and/or major shareholder of the listed issuer | NIL | Any conflict of interests that he/she has with the listed issuer | NIL | Details of any interest in the securities of the listed issuer or its subsidiaries | Direct Interest: 75,000 ordinary shares |
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楼主 |
发表于 19-8-2025 03:48 AM
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SUMMARY OF KEY FINANCIAL INFORMATION
30 Apr 2025 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD | 30 Apr 2025 | 30 Apr 2024 | 30 Apr 2025 | 30 Apr 2024 | MYR'000 | MYR'000 | MYR'000 | MYR'000 |
1 | Revenue | 30,949 | 22,186 | 60,277 | 42,132 | 2 | Profit/(loss) before tax | 5,927 | 6,518 | 12,690 | 11,669 | 3 | Profit/(loss) for the period | 4,734 | 4,393 | 9,665 | 8,596 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 4,883 | 4,393 | 9,814 | 8,596 | 5 | Basic earnings/(loss) per share (Subunit) | 0.89 | 3.14 | 1.78 | 6.14 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 1.25 | 0.00 |
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| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | 7
| Net assets per share attributable to ordinary equity holders of the parent | 0.1800 | 0.1700
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楼主 |
发表于 29-8-2025 05:47 PM
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Type | Announcement | Subject | OTHERS | Description | LETTER OF AWARD - ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING OF GAS TURBINE CO-GENERATION SYSTEM AT FGV IFFCO SDN BHD LOT 596, LEBUH RAJA LUMU, PANDAMARAN INDUSTRIAL ESTATE, 42009 PORT KLANG, SELANGOR DARUL EHSAN BY THE KGESB FOR GAS MALAYSIA ENERGY ADVANCE SDN. BHD. | The Board of Directors of Kawan Renergy Berhad (“KRB”) is pleased to announce that its wholly owned subsidiary, KAWAN GREEN ENERGY SDN BHD (“KGESB”) had on 16 July 2025 accepted a letter of award from GAS MALAYSIA ENERGY ADVANCE SDN. BHD. (“GMEASB”) to undertake the engineering, procurement, construction and commissioning of the Gas Turbine Co-Generation System (“GT-CGS”) at Lot 596, Lebuh Raja Lumu, Pandamaran Industrial Estate, 42009 Port Klang, Selangor Darul Ehsan (“Project”) with a contract price of RM38,810,777.00 (“Contract Price”).
Please refer to the attachment for further details.
This announcement is dated 16 July 2025. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3571809
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