Coastal Contracts sells two vessels for RM188mil


PETALING JAYA: Coastal Contracts Bhd’s wholly-owned subsidiaries, Coastal International Marine Inc and Pleasant Engineering Sdn Bhd, have secured contracts for the sale of two vessels for an aggregate value worth RM187.6mil.

In a filing with Bursa Malaysia, the oil and gas services and energy infrastructure solutions provider said the sales comprise one high-end offshore support vessel and one low-end marine transportation vessel.

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