KUALA LUMPUR: Favelle Favco Bhd
(FFB) has secured new purchase orders worth a combined RM79mil through its subsidiaries, Favelle Favco Cranes Pty Ltd and Favelle Favco Cranes (M) Sdn Bhd.
In a filing with Bursa Malaysia, FFB said Favelle Favco Cranes Pty Ltd received two orders from Marr Contracting Pty Ltd and G A Caelli Holdings Trust for the supply of tower cranes, both scheduled for delivery by the second quarter of 2026.
Meanwhile, Favelle Favco Cranes (M) secured two offshore crane supply contracts from L&T Modular Fabrication Yard LLC and Larsen & Toubro Ltd, with delivery expected by the first quarter of 2027.
FFB said purchase orders are expected to contribute positively to the group’s earnings and net assets for the financial year ending Dec 31, 2025, and beyond.
