# 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.

- Type: Investment
- Announced: 2021-12-06
- Where: Bako, Sarawak, Malaysia
- Value: $1.19M (5.00M MYR)
- Status: announced
- Products: offshore fabrication services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [KKB Engineering Bhd](https://endata.com/companies/59449.md)
- [OceanMight Sdn Bhd](https://endata.com/companies/59450.md) (partner)

## Sources

- [thestar.com.my](https://www.thestar.com.my/business/business-news/2021/12/06/kkb-engineering-to-embark-on-expansion), 2021-12-05: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.