KUALA LUMPUR: Favelle Favco Bhd
's subsidiary Favelle Favco Cranes Pty Ltd has secured two contracts for tower cranes amounting to RM83.7mil.
In a filing with Bursa Malaysia, the group said the contracts received from Marr Contracting Pty Ltd and G A Caelli Holdings Trust are expected to be delivered by the first quarter of 2027.
The contracts are expected to contribute positively to the earnings and net assets of FFB for the financial year ending Dec 31, 2026, and beyond.
