Maybank IB Research said MMHE has proven to be financially resilient amidst the oil crisis and Covid-19 pandemic last year and currently sits on RM403mil cash.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd
(MMHE) is expected to grow its order book significantly in 2021, according to Maybank Investment Bank (IB) Research.
The research unit said that this year, MMHE is expected to grow its order book, currently totalled at RM1.9bil, turning some of its tenders pipeline worth RM12bil into order wins of more than RM1bil.
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