well, just to speak out my opinion.
no offence

if i were you, i won't accept it... i might go for the interview, but i won't accept for 1.8-2k at penang... and with 6 months contract lagi!

well, i am still an undergradute, and last time my industrial practical company offer me 2.2k. it is at Sungai Petani, Kedah, a small town with low living cost, compare to penang.

as i know, intel, GE offer 2.5k for fresh gradute, 2.7k or 2.8k for first class.

but most EE field engineer offer range of 2k-3k+.
my course mate's practical company offer 3.2k even.

anyway, all depend on what job you expect for.
please post more details of your gradute. which U?