Wah Seong gets RM558mil Yinson contract


Wah Seong Corp said the scope of work of the contract involves engineering, procurement and construction of certain FPSO topside modules.

PETALING JAYA: Wah Seong Corp Bhd’s (Wasco) indirect wholly-owned subsidiary, WS Engineering & Fabrication Pte Ltd (WSEF), has been awarded a US$127.1mil (RM557.65mil) contract by Yinson Azalea Production Pte Ltd for the supply of certain floating production, storage and offloading (FPSO) topside modules.

In a filing with Bursa Malaysia yesterday, Wasco noted the scope of work of the contract involves engineering, procurement and construction of certain FPSO topside modules.

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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WahSeong , Yinson , contract , FPSO

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