Marine & General's subsidiary bags two contracts worth RM7.3m

PETALING JAYA: Marine & General Bhd's subsidiary Jasa Merin (Malaysia) Sdn Bhd has been awarded two contracts worth RM7.3 million by ExxonMobil Exploration and Production Malaysia Inc, for the provision of two Straight Supply Vessels with accommodation (SSV) to support Exxonmobil's operations.

The contracts, commencing in early and end March 2018 respectively, are for a primary duration of four months. There is an option for an additional six month extension.

The company's share price was down one sen to 13.5 sen with some 302,900 shares changing hands.