“The AVA is estimated to have a value of RM10.8mil, and is expected to contribute positively to the earnings of M&G for the financial period ending April 30, 2022,” it told the stock exchange.
PETALING JAYA: Marine & General (M&G) Bhd’s subsidiary Jasa Merin (M) Sdn Bhd has received an additional vessel award (AVA) from Petronas Carigali Sdn Bhd for the provision of one offshore support vessel.
The AVA is expected to commence at the end of this month for a duration of 420 days until the contract expiry date on Nov 10, 2022.
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