PETALING JAYA: Construction crane manufacturer Favelle Favco Bhd
has secured orders totalling RM83.7mil from Nov 5 to Nov 10, 2026.
The company said in an announcement to Bursa Malaysia that it expects to deliver one tower crane to Marr Contracting Pty Ltd by the by first quarter of next year and deliver another tower crane to G A Caelli Holdings Trust by the end of 2027.
It said the contracts would contribute positively to the earnings and net assets of the company for the financial year ending Dec 31, 2026 and beyond.
Besides tower cranes, the company builds offshore cranes, wharf cranes as well as equilibrium cranes and scrap conveyors serving the oil and gas, construction, recycling, bulk handling, port and shipyard industries.
