KUALA LUMPUR: Electrical engineering service provider HE Group Bhd, through its wholly-owned subsidiary Hexatech Engineering Sdn Bhd, has accepted a letter of award of approximately RM86 million for the construction of a substation in Selangor.
Under the scope, HE Group will construct a 132-kilovolts/33-kilovolts substation, with completion targeted by 31 October 2027.
This contract is expected to positively contribute to the group’s financial performance over its duration.
Following the latest award, HE Group’s order book stood at approximately
RM150 million as of May 11, 2026, providing the group with a steady pipeline of work and earnings visibility.
Managing director Haw Chee Seng said this contract further strengthens HE Group’s track record in undertaking power distribution system and substation-related works, particularly involving critical electrical infrastructure.
“With multiple projects currently in hand, the latest award enhances our earnings
visibility as we continue to pursue opportunities in high-growth end-user industries.
“At the same time, we are progressively expanding our exposure towards industries
supported by long-term structural growth trends, particularly data centres,
semiconductors and renewable energy-related infrastructure.
“Malaysia’s growing position as a regional digital and technology hub, alongside ongoing investments into the semiconductor supply chain and energy transition initiatives, provides a strong platform for us to secure further contracts in these segments,” he said.