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THHE secures award from Petronas via subsidiary
by Cals Wed 05 Feb 2014, 20:18
THHE secures award from Petronas via subsidiary
Business & Markets 2014
Written by Bernama
Wednesday, 05 February 2014 19:54
KUALA LUMPUR (Feb 05): TH Heavy Engineering Bhd's (THHE) subsidiary, THHE Fabricators Sdn Bhd, has secured an award from Petronas Carigali Sdn Bhd, for the procurement, construction and commissioning of KNPG-B Topside PH II, Kinabalu Non-Associated Gas Development project.
In a filing to Bursa Malaysia today, TH Heavy Engineering said the one-off contract was scheduled to be completed in about 18 months.
"The contract is expected to contribute positively to the earnings and net assets per share of THHE, for the financial year 2014 and 2015, respectively," it said.
Business & Markets 2014
Written by Bernama
Wednesday, 05 February 2014 19:54
KUALA LUMPUR (Feb 05): TH Heavy Engineering Bhd's (THHE) subsidiary, THHE Fabricators Sdn Bhd, has secured an award from Petronas Carigali Sdn Bhd, for the procurement, construction and commissioning of KNPG-B Topside PH II, Kinabalu Non-Associated Gas Development project.
In a filing to Bursa Malaysia today, TH Heavy Engineering said the one-off contract was scheduled to be completed in about 18 months.
"The contract is expected to contribute positively to the earnings and net assets per share of THHE, for the financial year 2014 and 2015, respectively," it said.
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