MEB sells supply vessel for RM74mil

MEB said the contract is expected to contribute positively to the earnings and net assets of MEB group.

PETALING JAYA: Muhibbah Engineering (M) Bhd (MEB) has entered into a protocol of delivery and acceptance contract with a service company in South-East Asia for the sale of an offshore supply vessel built by MEB for RM74mil.

Barring any unforeseen circumstances, MEB said the contract is expected to be completed by the first quarter of next year.