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Coastal Living magazine has named its 20 best coastal places to live in 2017.
Despite Coastal Contracts Bhd securing RM512mil worth of new orders for financial year 2016 (FY16), AllianceDBS Research still has its reservations on the marine services company.
COASTAL Contracts Bhd (Coastal), which has secured an order of RM197mil for the sale of two offshore support ships, is expected to deliver the vessels to its new customers in Mexico in 2015 and 2017. Coastal’s order book is boosted to about RM2.81bil, of which vessel sales contributed RM1.46bil.
KUCHING: More Sarawak and peninsula-based construction companies are expected to secure jobs under the billion-ringgit Sarawak Coastal Road Network project as the award of contracts picks up momentum.Five contracts – four of them bridge projects across rivers – worth a combined RM1.76bil have been awarded since February.
KUALA LUMPUR: RHB Research has maintained its Buy call on Coastal Contract with a fair value of RM3.77, it said on Thursday.