Sum Technology has secured a RM20.46m (about $5m) contract to deliver a semiconductor cleanroom facility for outsourced semiconductor assembly and test (OSAT) provider, K Test Malaysia.
The contract was awarded to the company's wholly owned subsidiary, Sum Technic, and covers the design and construction of an ISO Class 8 cleanroom facility that is 120,000 sqft, which will incorporate ISO Class 5 and Class 6 controlled environments, at K Test Malaysia's Ipoh Pengkalan plant in Perak.
According to a filing with Bursa Malaysia, the scope of works includes the installation of secondary steel support structures with walkable ceilings, conductive electrostatic discharge (ESD) vinyl flooring, vacuum-insulated stainless steel liquid nitrogen piping systems, and dual oil-free compressor packages with multi-stage filtration.
The project is scheduled for completion by 28 February 2027 and includes a 12-month defect liability period following practical completion.
The contract is expected to contribute positively to the group's earnings throughout the construction phase.
Based in Petaling Jaya, Sum Technology provides turnkey cleanroom and controlled-environment solutions, alongside mechanical, electrical, process utility and fire protection systems for semiconductor, electronics and other mission-critical industries.
K Test Malaysia is a subsidiary of South Korea-based K-Test Co and operates in the semiconductor assembly and testing sector, a key segment of the global semiconductor supply chain.
The award comes less than a week before Sum Technology's planned listing on Bursa Malaysia's ACE Market, which is scheduled for 18 June.
Through the market listing, the company expects to raise RM32.76m (about $8.07m) to support working capital, headquarters expansion and regional growth initiatives.
The IPO will involve the issuance of 117 million new shares, increasing the group's enlarged issued share capital to RM53.45m (about $13.18m).