EA Technique gets RM25mil contract

  • Business
  • Wednesday, 14 Jan 2015

KUALA LUMPUR: EA Technique (M) Bhd has secured a RM24.64mil bareboat charter contract for the provision of one unit of fast support vessel for Classic Marine and Services (M) Sdn Bhd.

In a filing to Bursa Malaysia, EA Technique said the contract would be for a period of five years with an option to extend, with work commencing on Jan 15, 2015 and expired on Jan 14, 2020.

“The contract is expected to contribute positively towards the earnings and net assets per share of the company for the duration of the contract,” it said.— Bernama

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