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SILK unit bags RM23m job to deliver O&G vessel

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SILK unit bags RM23m job to deliver O&G vessel Empty SILK unit bags RM23m job to deliver O&G vessel

Post by Cals Fri 16 May 2014, 02:16

SILK unit bags RM23m job to deliver O&G vessel
Business & Markets 2014
Written by Jeffrey Tan of theedgemalaysia.com   
Thursday, 15 May 2014 18:28

KUALA LUMPUR (May 15): SILK Holdings Bhd’s subsidiary has bagged a contract worth RM23 million from Carigali Hess Operating Company Sdn Bhd to deliver one unit of straight supply vessel.

In a statement to Bursa Malaysia, SILK said its subsidiary Jasa Merin (Malaysia) Sdn Bhd was awarded the contract by Carigali Hess, to commence on May 12, 2014.

The contract is for a duration of two years, with extension options of one year.

“The contract is expected to contribute positively to the earnings of the group for the financial year ending Jul 31, 2014 and beyond,” said SILK.
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