Handal wins RM22 million job from Talisman Malaysia

PETALING JAYA: Handal Resources Bhd’S wholly-owned subsidiary Handal Offshore Services Sdn Bhd has clinched a RM22 million contract for the provision of offshore crane maintenance and repair services from Talisman Malaysia Ltd.
The contract, effective Dec 10, 2015, is for two years, with an option to extend it for a year.
“The contract is expected to contribute positively to revenue and earnings and net assets per share of the Handal group for the financial year ending 2015,” said the group.
Together with the new contract, Handal’s outstanding order book stands at RM174 million, to be delivered until 2018.