PETALING JAYA: Pioneer Heat Holdings Bhd, through its wholly-owned subsidiary BPMech Engineering Sdn Bhd, has secured an RM18.2 million contract for tank rejuvenation works at Tanjung Sulong Export Terminal in Kemaman, Terengganu.
In a Bursa Malaysia filing today, the group said BPMech had on Nov 4, 2026 accepted a letter of award from Toyo Kanetsu (Malaysia) Sdn Bhd for the engineering, procurement, construction and commissioning works.
The scope includes material supply, shop fabrication and field construction for the tanks rejuvenation project.
The contract is expected to commence in November 2026, with the completion dates for the respective works scheduled for July 2027 and March 2028.
The group intends to finance the project through internally generated funds and/or bank borrowings, as required.