Pasukhas wins RM20mil contract

KUALA LUMPUR: PASUKHAS GROUP BHD (PGB) has sold a vessel of steam coal to an unnamed Singapore company for RM20.44mil to be delivered on a free on board basis with the anchorage point of South Kalimantan, Indonesia.

Its wholly-owned Pasukhas Products Sdn Bhd inked the contract yesterday, said the construction company which recently diversified into coal trading.

PGB said the deal was expected to contribute positively to the future earnings and net assets per share of the group for the financial year ending Dec 31. — Bernama


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