Quick take: TAS Offshore falls 4.8% on contract termination


KUALA LUMPUR: TAS Offshore Bhd’s shares fell 4.8% in early trade Wednesday following the termination of contracts with two shipbuilders in China to build 16 offshore support vessels (OSVs).

The counter shed 4.88%, or one sen to 19.5 sen. It is currently trading at a PE ratio of 9.02 times.

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TAS Offshore , OSVs , Shipbuilder

   

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