Muhibbah Engineering unit sells offshore supply vessel for RM74mil


KUALA LUMPUR: Muhibbah Engineering (M) Bhd (MEB) said its wholly-owned subsidiary Muhibbah O&G Sdn Bhd has entered into a protocol of delivery and acceptance contract with a service company in Southeast Asia for the sale of an offshore supply vessel built by MEB for about US$18mil (RM74mil).

In a filing with Bursa Malaysia, the group said the contract is expected to be completed by the first quarter of 2026.

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