MMHE eyes RM4bil contracts


New job: MMHE’s West Yard in Pasir Gudang, Johor. The company recently won a RM1bil contract for an offshore project in Sarawak.

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) is targeting to secure some RM4bil in new contracts this year, even as some of the jobs that it had eyed earlier were deferred due to the low price of crude oil.

The fabricator is looking to turn around its fortunes after making a loss last year. The company had recently won a RM1bil contract for an offshore project in Sarawak.

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