PETALING JAYA: Uzma Bhd
’s newly secured contract is poised to uplift the group’s year to date cumulative contract value to about RM730mil, which adds to its order book of RM2.8bil and provides strong earnings visibility over the next three years.
Phillip Capital Research said while no official value was disclosed for its recent win, it estimates the contract value to be about RM20mil and this implies a RM3mil value for each well.
