FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

AWC's JV wins maiden water infrastructure project in Sarawak

Original Source From TheEdge Publish at Fri, 16 Oct 2020, 12:39PM

KUALA LUMPUR (Oct 15): AWC Bhd and its partners have secured a water infrastructure project in Sarawak worth RM7.33 million from Real Teamtrade Sdn Bhd.

AWC's unit, DD Techniche Sdn Bhd inked a joint venture (JV) agreement with Techkem Utilities Sdn Bhd and Techkem Resources Sdn Bhd in July 2020 to formally explore and finance water related opportunities in Malaysia and the ASEAN region.

In a statement today, the engineering services group said the JV will supply and instal mechanical as well as electrical works for a water treatment plant.

Techkem is a unit of Techkem Group, one of the leading water treatment solution providers in process and speciality chemicals, involved in various projects in multiple industries.

updated at: Fri, 29 May 2020 MYT
Participation (%)
Bought (MYR)
Sold (MYR)
Net
Foreign
( 24,36 % )
2.31 B 2.23 B 77.37 M
Local Institution
( 39,38 % )
3.66 B 3.67 B 0.00 B
Local Retail
( 36,26 % )
3.34 B 3.41 B -0.07 B