KLSE:KGB

4 stories mentioning KLSE:KGBUpdated just now

Every FINWIRES story that references KLSE:KGB, newest first.

What's the latest news on KLSE:KGB?

Kelington Signs MoU with Tata Electronics' Chip Plant in Gujarat, India

Kelington Group (KLSE:KGB) has entered into a memorandum of understanding with India's Tata Electronics to support the deployment of critical infrastructure and systems for the latter's semiconductor fab in Dholera, Gujarat, India, according to a Monday filing to the Malaysian stock exchange.The silicon wafer plant is being developed with an investment of $11 billion.Kelington's shares were down over 2% in recent trading.

KLSE:KGB

Asia6d ago

Malaysian Blue-Chip Index Ends in Green Bucking Regional Jitters

Malaysian shares closed slightly higher on Monday, with the FTSE Bursa Malaysia KLCI up 0.7% at 1,698.01 points, against the downbeat performance of regional peers amid escalating oil prices.In local news, Malaysia's Petronas Carigali and Thailand's PTT (SET:PTT) have obtained government approvals for a new production-sharing contract which covers a major gas block in the Malaysia-Thailand Joint Development Area. The contract for Block A-18-01 was signed in Bangkok by the state energy company's stepdown subsidiary, PC JDA, which is a direct subsidiary of Petronas Carigali.In corporate news, shares of Kelington (KLSE:KGB) gained about 2% on close after its subsidiary, Kelington Engineering (S), accepted a letter of award worth around $452 million for turnkey total facility tool-hookup services at a semiconductor plant in India.Shares of Kluang Rubber Co. (Malaya) (KLSE:KLUANG) also gained about 2% on Monday's close after it recorded a fresh fruit bunch crop production of 975.88 metric tonnes in August.Sungei Bagan Rubber Company (Malaya)'s (KLSE:SBAGAN) fresh fruit bunch production totaled 2,388.1 metric tonnes in August.

FTSE Bursa Malaysia KLCIKLSE:KGBKLSE:KLUANGKLSE:SBAGANSET:PTT

Asia7d ago

Kelington's Unit Bags $452 Million Contract

Kelington's (KLSE:KGB) subsidiary, Kelington Engineering (S), accepted a letter of award worth around $452 million for turnkey total facility tool-hookup services at a semiconductor plant in India, according to a Monday Bursa Malaysia filing.The integrated engineering solutions provider says the award is the largest in the company's history and will span a period of 30 months, with completion slated for February 2029.Following the award, the company's year-to-date contract wins stand at 3.59 billion ringgit.

KLSE:KGB

Asia46d ago

Kelington Group Arm Plans to Set Up New Air Separation Unit Plant in India

Ace Gases Technologies, a wholly-owned subsidiary of Kelington Group (KLSE:KGB), plans to construct a merchant air separation unit plant in Maharashtra, India, with a planned investment of 120 million ringgit, according to a Wednesday filing with the Malaysian bourse.The ASU plant will be developed by the third quarter of 2028 on a parcel of land leased from the Maharashtra Industrial Development Corporation for a 95-year term.The new unit is aimed at strengthening Ace Gases' industrial gas liquid production capacities to meet increasing demand in the region.The investment will be made through a combination of internally generated funds and bank borrowings.

KLSE:KGB

Track with the FINWIRES app suite

FolioX

Track KLSE:KGB in your portfolio

WheelAI

Analyze KLSE:KGB options with the wheel strategy

StockInsider

See market sentiment on KLSE:KGB