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Monday, 26 October 2026

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SKA Capital Secures RM89.28 Million TNB-Linked Work

SKA Capital’s subsidiary has accepted RM89.28 million of TNB-linked cable and substation work across six contracts with an 18-month execution period.

By TLA AI Editor3 min read

Kuala Lumpur, 26 October 2026 – SKA Capital Berhad’s wholly owned subsidiary, SKA Rekabina Sdn Bhd, has accepted a letter of award covering work on six Tenaga Nasional Berhad contracts with an aggregate value of RM89,284,144.50, including sales and service tax. The award, dated 23 October and announced on 26 October, is expected to run for 18 months from commencement.

For investors, the award expands SKA Capital’s exposure to Malaysia’s electricity-distribution investment cycle and adds near-term work across several locations. The contract value is confirmed, but it should not be read as immediate revenue or profit. Earnings will depend on mobilisation dates, work completed, cost control, payment certification and the margin achieved on each package over the execution period.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.