<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 10): UUE Holdings Bhd (KL:<a href="/askedge/klse/0310" class="ce-stock" target="_blank">UUE</a>) has secured a RM16 million contract involving electrical system works for a factory in Tanjung Langsat, Johor.</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing on Friday, the group said the contract was awarded to its wholly-owned subsidiary, Kum Fatt Engineering Sdn Bhd, which accepted the letter of award from Tianma Precision Sdn Bhd on April 10.</p></div>

<div class=newsTextDataWrapInner><p>The project involves the supply, delivery, installation and commissioning of 33kV and low voltage electrical systems at a factory located in Kawasan Perindustrian Tanjung Langsat, Mukim Sungai Tiram, Johor.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The contract is scheduled to run from April 15 to Dec 15.</p></div>

<div class=newsTextDataWrapInner><p>UUE said the contract is expected to contribute positively to its earnings per share and net assets over the duration of the project.</p></div>

<div class=newsTextDataWrapInner><p>As at the beginning of the year, UUE said its order book stood at RM508.5 million, providing earnings visibility over the next 12 to 36 months, with 62% comprising Tenaga Nasional Bhd-related (KL:<a href="/askedge/klse/5347" class="ce-stock" target="_blank">TENAGA</a>) jobs.</p></div>

<div class=newsTextDataWrapInner><p>Shares in UUE closed up five sen or 13.7% at 41.5 sen on Friday, valuing the group at RM378.66 million. Over the past one year, the stock has gained 9.2%.</p></div>


UUE Holdings Bhd (KL:UUE) has secured a RM16 million contract involving electrical system works for a factory in Tanjung Langsat, Johor.

UUE secures RM16 mil electrical works contract in Tanjung Langsat

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