Ocean Vantage Gets RM4.8 Million Project in Kulim Hi-Tech Park

Ocean Vantage Holdings Bhd announced that its 70% owned subsidiary, Ocean Vantage Electrical & Instrumentation Sdn Bhd (“OVEI”), on 13 July 2022 accepted the letter of award (“LOA”) from Bakat Industri Sdn Bhd (“Bakat”) appointing OVEI as the subcontractor for the Project for a contract sum of RM4.8 million.

OVEI will be the subcontractor for the Project, providing cabling works for the facility management and control system including testing and commission for two buildings located within the facility in Kulim Hi-Tech Park, Kedah.

The contract sum of RM4,8 million shall be claimable by and payable to OVEI on the progressive claim upon materials installation at site. The date of commencement of the Project is 17 August 2022 and the expected completion date for the Project is by 15 June 2023.

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