PETALING JAYA: Coastal Contracts Bhd
has secured contracts worth RM170mil, which will entail the sale of one unit anchor handling tug supply and one unit subsea support and maintenance vessel.
The shipbuilder said in its filing with Bursa Malaysia that including the new contracts, and after adjusting for revenue recognition from vessels delivered to buyers up to Aug 12, it has about RM1.2bil worth of vessels sales orders awaiting delivery to customers up to 2014.
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