Koyo Engineering (S.E.Asia), a unit of Koyo International, has been awarded two contracts by the Ministry of Education to provide and maintain the Mechanical and Electrical (M&E) systems in two school zones for a period of three years with an option to continue for three years.

The two M&E contracts are priced at $7.35 million for the first three years and $7.33 million for the next three years.

The two contracts, which started yesterday, are expected to contribute to the earnings of Koyo International and its group for FY2009, FY2010 and FY2011.