MMHE slips deeper into the red


The Gumusut-Kakap semi-submersible floating production system (FPS) -- Asia

PETALING JAYA: Oil rig builder Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) has painted a bleak outlook for the rest of 2018 after posting its second straight quarterly losses.

A recovery, it said, is expected to happen next year, at the earliest.

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