Monday, August 2, 2010

Favelle Favco secures RM106.4m orders

KUALA LUMPUR: FAVELLE FAVCO BHD []'s units have secured RM106.4 million in orders to deliver tower cranes and offshore cranes by this year end to end-2011.

The company said on Monday, Aug 2 the approximate combined value of the substantial orders secured amounts to RM106.4 million.

"The contracts are expected to contribute positively to the earnings and net assets of Favelle Favco for the financial year ending Dec 31, 2010 and beyond," it said.

The companies which ordered the cranes were Marr Contracting Pty Ltd, National Petroleum CONSTRUCTION [] Company, Northport (Malaysia) Bhd, JCM U-Link Joint Venture, Lindores Construction Logistics, Keppel Fels Limited, Essar Offshore Subseas Limited and PTSC Mechanical And Construction.


No comments:

Post a Comment