Stock Digest - Kelington Group Bhd - Rampant orderbook replenishment

Kelington Group Bhd (KGB) wholly owned subsidiary, Kelington Technologies Sdn Bhd (KTSB), has entered into a construction contract with a Franco-Italian multinational electronics and semiconductors manufacturer to undertake the design, engineering and construction works on a new manufacturing building. The contract value at approximately RM114.0m will commence in June 2022 and is expected to be completed by December 2023.