♦ New contracts. KNM announced that its subsidiaries in Malaysia, Australia and Europe had won new contracts worth RM288.8m to fabricate process equipment for customers in Venezuela, Russia, Brazil, Australia and US, and to supply labour, tools and consumables for MMHE’s project in Turkmenistan. 40% of the contract value is from Borsig’s contract to supply primary syngas coolers for the Kemper County Integrated Gassification Combined Cycle Project in the US. Acording to the company,
these contracts will contribute positively to FY12/10-12, i.e. spread over the next 2½ years.
KNM Group Berhad : Good, But Not Enough - 9/7/2010
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