Bintulu Port extends vessel hire contract

KUALA LUMPUR: Bintulu Port Holdings Bhd's unit Bintulu Port Sdn Bhd has extended its contract with Sin Kiong Hong Dockyard Sdn Bhd for the hire of two 25-tonne ship handling tugs and crew.

It said in a filing with Bursa Malaysia the contract valued at RM14.24mil will be for a period of 35 months from May 19, 2022, to May 18, 2025, or until the expiry of the concession period for the group to operate Bintulu Port, whichever comes first.

At midday, shares in Bintulu Port Holdings were last traded at RM5.08 a share on the back of 15,000 units.

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