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Silk advances on vessel deals (5078)

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Silk advances on vessel deals (5078) Empty Silk advances on vessel deals (5078)

Post by hlk Wed 18 Jul 2012, 15:23

Silk Holdings Bhd, an oil and gas services provider, advanced 4 percent to 39 sen in Kuala Lumpur trading at 9.47am, headed for its steepest increase since June 21.

The company won contracts totaling RM35 million from ExxonMobil Exploration and Production Malaysia Inc to provide two anchor-handling tug supply vessels, Silk said in a statement. -- Bloomberg

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