KKB allocates RM15mil capex

KKB Engineering Berhad group Executive director Kho Pok Tong

KUCHING: KKB Engineering Bhd has approved RM15mil in capital expenditure (capex) this year to fund further capacity expansion of its steel fabrication yard at Jalan Bako here to undertake major onshore fabrication jobs for the oil and gas (O&G) industry.

The steel fabricator had invested about RM25mil last year to build a huge workshop at the yard to beef up capacity and technology to prepare for more and bigger fabrication jobs for offshore structures such as topside.