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Muhibbah unit bags contracts worth RM216m
by Cals Fri 22 Mar 2013, 02:00
Muhibbah unit bags contracts worth RM216m
Business & Markets 2013
Written by theedgemalaysia.com
Thursday, 21 March 2013 18:59
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KUALA LUMPUR (March 21): MUHIBBAH ENGINEERING (M) BHD [] announced that its wholly owned unit, Muhibbah Marine Engineering Sdn Bhd, has been awarded shipbuilding contracts by a subsidiary of Silk Holdings Bhd.
The contracts consist of the CONSTRUCTION [] of three Anchor Handling Tug Supply Vessels for a total consideration of approximately RM216 million.
The company said the contracts are expected to contribute positively to the earnings and net assets of Muhibbah group for the current and future financial years.
The shares of the company shot up today ahead of the announcement.
Business & Markets 2013
Written by theedgemalaysia.com
Thursday, 21 March 2013 18:59
A + / A - / Reset
KUALA LUMPUR (March 21): MUHIBBAH ENGINEERING (M) BHD [] announced that its wholly owned unit, Muhibbah Marine Engineering Sdn Bhd, has been awarded shipbuilding contracts by a subsidiary of Silk Holdings Bhd.
The contracts consist of the CONSTRUCTION [] of three Anchor Handling Tug Supply Vessels for a total consideration of approximately RM216 million.
The company said the contracts are expected to contribute positively to the earnings and net assets of Muhibbah group for the current and future financial years.
The shares of the company shot up today ahead of the announcement.
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