PETALING JAYA: Favelle Favco Bhd
(FFB) has announced that its subsidiaries, Favelle Favco Cranes (USA) Inc and Favelle Favco Cranes (M) Sdn Bhd, have secured contracts worth RM42.6mil to supply tower and offshore cranes.
In a filing with Bursa Malaysia, the group said one contract was awarded to its subsidiary Favelle Favco Cranes (USA) Inc for a tower crane, scheduled for delivery in the first quarter of 2027 (1Q27) to Florida-based Select Crane Sales, LLC.
Three other contracts were secured by its other subsidiary, Favelle Favco Cranes, to supply offshore cranes to DESB Marine Services Sdn Bhd; Malaysia Marine and Heavy Engineering Sdn Bhd; and Brooke Holding Sdn Bhd, a Sarawak government-linked company.
