Kelington gets RM77.5mil new contracts
PETALING JAYA: Integrated engineering solutions provider Kelington Group Bhd has secured new orders worth RM77.5mil in the first quarter of 2018, bringing the group’s total order book to RM267.3mil.
About 85% of the new orders, came from the ultra-high purity segment for Kelington to provide specialised engineering services for the semiconductor and electronic manufacturing companies.
The company said in a statement that most of the new contracts were mainly contributed by China, followed by Malaysia, Singapore and Taiwan.
It added that the new contracts would be completed within the year and were expected to contribute positively to Kelington’s financial performance for the financial year ending Dec 31, 2018.
Kelington Group CEO Raymond Gan said: “We are encouraged by our growing replenishment of orders, especially as most of them are from repeat customers. The group has been able to consistently capture a share of the global semiconductor capex spending of large international players every year.”