Analysts: MMHE poised to win more O&G jobs


RHB Research said it is upbeat about MMHE’s latest contract win as it further strengthens the group’s position in the heavy engineering space.

PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) kicked off 2023 on a good start having secured an engineering, procurement, construction and installation (EPCI) contract worth about RM1.4bil.

Analysts said the job win is a positive development and see the group securing more in the future on the back of an oil and gas sector recovery.

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