MMHE's Dry Dock at its yard in Pasir Gudang Johor
PETALING JAYA: Analysts are positive on Malaysia Marine and Heavy Engineering Holdings Bhd
(MMHE)’s RM1bil contract win from Petronas Carigali, but its profit contributions is estimated to only start from financial year 2019 onwards.
On Monday, the loss-making oil and gas company announced that it won the engineering, procurement, construction, installation and commissioning of the Central Processing Platform contract for Bokor phase 3 redevelopment project.
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