Favell Favco secures contracts valued at RM92mil


PETALING JAYA: Favelle Favco Bhd’s subsidiaries, Favelle Favco Cranes Pty Ltd and Favelle Favco Cranes (M) Sdn Bhd, have received purchase orders and letters of intent totaling RM92mil.

In a filing with Bursa Malaysia, the crane manufacturer said it had received contracts for the supply of a tower crane and three offshore cranes, with deliveries estimated between the end of 2023 and early 2025.

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