KUALA LUMPUR: Favelle Favco Bhd announced that its wholly-owned subsidiaries, Favelle Favco Cranes (M) Sdn Bhd and Favelle Favco Cranes Pte Ltd, have received purchase orders for the supply of offshore crane and crane and Winches Dosh inspection for the month of October worth RM58.5mil.
The contracts are expected to contribute positively to the earnings and net assets of Favelle Favco for the financial year ending Dec 31, 2012 and beyond, the company said in a filing with Bursa Malaysia. — Bernama
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