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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.
KKB Engineering Bhd plans to invest RM5 million in new welding and cutting machines to raise steel pipe production capacity from 18,000 to 25,000 tonnes per annum at its facility in Sarawak, Malaysia. The expansion will be implemented over 24 months.
| Site | Largest | Latest |
|---|---|---|
| Bako, Malaysia | $1.19M | 2021-12-06 |
| Sarawak, Malaysia | $1.19M | 2021-12-06 |