Sep 8, 2015 - the metering business â George Kent, having grown and matured over ... our position and reputation as th
PRESS RELEASE FOR IMMEDIATE RELEASE
GEORGE KENT WINS HONG KONG WATER METERS TENDER PUCHONG, 8 SEPTEMBER 2015 – GEORGE KENT (MALAYSIA) BERHAD (“George Kent” or “the Group”) has received a Letter of Award (“LOA”) from Water Supplies Department (“WSD”), Hong Kong for the supply and delivery of 600,000 units of water meters, after prevailing over WSD’s highly competitive bidding process which scrutinised the bidders’ background, experience, facilities, quality and current markets. The water meters to be supplied to WSD, over the next two years are the DN15 Brass PSM-Ts, and worth a total sum of US$7.17 million ( equivalent to RM31.19 million ). By industry standards, this single order of 600,000 water meters by any water authority is an extremely big order . This is the largest single order for water meters ever obtained in the history of George Kent. WSD, well-known for its stringent standards is governed by the Development Bureau of the Government of Hong Kong of the People's Republic of China and its main responsibility is to provide a reliable and adequate supply of portable water and sea water to consumers in Hong Kong. This securing of the contract gives the Group a timely boost as it further consolidates its position as one of the major water meter suppliers in the region and beyond, with current market reach surpassing 40 countries. The winning of the tender further showcases the years of dedication and proven capability in the metering business – George Kent, having grown and matured over the past 80 years of continuously meeting customer expectations locally and abroad. The meters will be delivered in 24 batches with the first shipment to commence in October 2015. Commenting on the tender award, George Kent Group Chairman, Tan Sri Dato’ Tan Kay Hock said, “The tender award further establishes our position and reputation as the market leader of world class and superior quality metering products. It also serves as an acknowledgement that we are equipped with
George Kent (Malaysia) Berhad (1945-X)
T: +603 8064 8000
George Kent Technology Centre
F: +603 8061 3295
1115 Jalan Puchong, Taman Meranti Jaya
E:
[email protected]
47120 Puchong, Selangor, Malaysia
www.georgekent.net
superior technical expertise and world class supply chain that enables us to be competitive at an international level.” George Kent’s water meter manufacturing facility based in Puchong, Selangor is presently the biggest in the ASEAN region with a total production capacity of two million water meters per year. The Group’s metering business is growing steadily and currently commands a significant market share in the domestic market. The Group’s metering revenue for its own export markets amounted to 40% of their total manufacturing output for the FYE2015. Apart from Hong Kong, the Group currently exports to Singapore, Vietnam, Indonesia, Australia, Cambodia, Sri Lanka, South Africa, Middle East, United Kingdom, Puerto Rico, Colombia, among others. -end_________________________________________________________________________________ About George Kent (Malaysia) Berhad George Kent is an established metering and engineering company with core businesses focused on the water industry and the delivery of specialised infrastructure projects. For the past 80 years, it has provided a broad range of water metering solutions for households, industrial and plant use. Known for proven engineering excellence, George Kent has a strong track record of successfully completing high value projects in the water and other infrastructure sectors. The Group also undertakes technology-critical projects in the healthcare and rail transportation sectors and is currently carrying out the Ampang LRT Line Extension works and was recently awarded as the Project Delivery Partner for the LRT3 project, via MRCB-George Kent JV. For more information, please visit www.georgekent.net
Issued by: Imej Jiwa Communication Sdn. Bhd. on behalf of George Kent (Malaysia) Berhad
Date: 8 Sept 2015
MEDIA QUERY
Samuel Lo Tel: 03 7803 1299 / 1318
M: 017 811 2304
E-mail:
[email protected]
George Kent (Malaysia) Berhad (1945-X)
T: +603 8064 8000
George Kent Technology Centre
F: +603 8061 3295
1115 Jalan Puchong, Taman Meranti Jaya
E:
[email protected]
47120 Puchong, Selangor, Malaysia
www.georgekent.net
