KKB Engineering to upgrade Bako fabrication facility for OceanMight

KKB Engineering plans to invest RM5 million from a private placement to upgrade its Bako fabrication facility in Sarawak, including dredging and jetty upgrades, to enhance operational efficiency for its subsidiary OceanMight Sdn Bhd.

“From the proceeds, the company plans to allocate another RM5mil for the upgrading of its Bako fabrication facility in line with the business expansion of its 60.81%-owned oil and gas outfit OceanMight Sdn Bhd.”thestar.com.my

• 1 source
• thestar.com.myKKB Engineering to embark on expansion | The StarJACK WONGDec 5, 2021

Summarized from public sources; check the original articles before acting on it.