Favelle Favco bags contracts worth RM59.7m
10 Oct 2014 / 05:37 H.
PETALING JAYA: Favelle Favco Bhd has secured supply of offshore crane contracts worth RM59.7 million.
In a filing with Bursa Malaysia yesterday, Favelle Favco said its subsidiary Favelle Favco Cranes (M) Sdn Bhd secured one contract from SK Machines Ltd, which is expected to be delivered from second quarter of 2015 to end of 2015.
The other contract was from Hyundai Heavy Industries Co Ltd, and is expected to be delivered by end of 2015.