Wednesday, October 20, 2010

Handal up on Talisman M'sia contract extension

KUALA LUMPUR: Shares of Handal Resources Bhd advanced on Wednesday, Oct 21 after its unit Handal Offshore Services Sdn Bhd received an extension of contract from Talisman Malaysia Ltd to provide crane maintenance contract for PM-3 CAA & PM-305.

At 9.21am, Handal was up two sen to RM1.07 with 25,000 shares done.

Handal chief executive officer and managing director Mallek Rizal Mohsin said the contract was expected to improve the company's earnings for the financial year ending Dec 31, 2010.


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