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NewsFavelle Favco units get jobs worth RM72.3m
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Favelle Favco units get jobs worth RM72.3m
by hlk Tue 20 Dec 2011, 08:27
FAVCO
KUALA LUMPUR (Dec 19): FAVELLE FAVCO BHD []'s units have secured five
separate purchase orders worth a combined RM72.3 million to supply four
offshore cranes and one tower crane.
The company said on Monday
that Favelle Favco Cranes (M) Sdn Bhd had received four contracts to
supply offshore cranes each to SMOE Pte Ltd, Technics Offshore
Engineering Pte Ltd, China Communications Import & Export
Corporation and China Merchant Heavy Industry (Shenzhen) Co. Ltd
respectively.
It said the cranes the first three parties would
be delivered by end 2012, while the fourth would be supplied between end
2012 and early 2013.
Meanwhile, Kroll Cranes A/S had received a contract to supply a tower crane to GRPM, to be delivered by mid 2012.
Favelle Favco said the contracts were expected to contribute positively
to its earnings for the financial year ending Dec 31, 2011 and beyond.
KUALA LUMPUR (Dec 19): FAVELLE FAVCO BHD []'s units have secured five
separate purchase orders worth a combined RM72.3 million to supply four
offshore cranes and one tower crane.
The company said on Monday
that Favelle Favco Cranes (M) Sdn Bhd had received four contracts to
supply offshore cranes each to SMOE Pte Ltd, Technics Offshore
Engineering Pte Ltd, China Communications Import & Export
Corporation and China Merchant Heavy Industry (Shenzhen) Co. Ltd
respectively.
It said the cranes the first three parties would
be delivered by end 2012, while the fourth would be supplied between end
2012 and early 2013.
Meanwhile, Kroll Cranes A/S had received a contract to supply a tower crane to GRPM, to be delivered by mid 2012.
Favelle Favco said the contracts were expected to contribute positively
to its earnings for the financial year ending Dec 31, 2011 and beyond.
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