Favelle Favco secures offshore crane orders worth RM101.4mil 


KUALA LUMPUR: Crane maker Favelle Favco Bhd announced its has received orders worth RM101.4mil from six clients operating across the region.

Most of the orders are for delivery this year, the company said in a filing with Bursa Malaysia.

One client has placed an order for the supply of offshore cranes for delivery in early 2022.

The orders were secured over the past months since Dec 1, 2020.

The "contracts are expected to contribute positively to the earnings and net assets of Favelle Favco for the financial year ending Dec 31, 2021 and beyond," it said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

Favelle Favco

   

Next In Business News

CPO futures to see volatile trading next week, eyes on MPOB data
Pfizer, BioNTech seek US emergency nod for COVID-19 vaccine in adolescents
Eyes on next generation as Singapore succession is thrown into question
Oil price falls, ends week about 2% lower on supply increase, new lockdowns
BlackRock, Mustier's blank-check firm eye Credit Suisse fund management arm
GLOBAL MARKETS-S&P 500, Dow scale new heights, Treasury yields rise on strong inflation data
Mah Sing: Extend HOC until year-end
Kerjaya Prospek wins RM154mil construction job
MCMC expects DNB to open 5G tender soon
Ramsay Sime Darby Health Care acquires Manipal Hospitals

Stories You'll Enjoy


Vouchers