MN Holdings Unit JV Bags MYR67 Million Underground Cable Contract
MT Newswires Live
Sep 08
MN Holdings (KLSE:MNHLDG) subsidiary MN Utilities Engineering said its joint venture with Pembinaan Tajri secured a contract from Tenaga Nasional to install a 275-kilovolt underground cable system to supply power to Intel Penang.
The contract will cover engineering, design, supply and erection works for the underground cable system from LILO Point to Intel Electronic Malaysia switching station.
The contract sum is 67.3 million ringgit, and the project is expected to be completed within 540 days, according to a Monday filing with Bursa Malaysia.
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