Saturday, December 4, 2010

Ramunia inks joint manufacturing agreement with S.Korea's DMC

KUALA LUMPUR: RAMUNIA HOLDINGS BHD []'s wholly owned subsidiary O&G Works Sdn Bhd (OGW) has signed a joint manufacturing agreement with Dongnam Marine Crane Co Ltd (DMC) from South Korea.

It said on Friday, Dec 3 that the agreement was to undertake the joint manufacturing of cranes including offshores cranes, marines cranes, floating cranes, deck cranes, Special Davits and deck machineries of DMC in the marine and offshore oil & gas exploration and production fields of application in Malaysia, using the 'Dong Nam' Brand and design.

DMC is an offshore crane and deck crane professional manufacturer that owns a yard with facilities to carry out all range of crane manufacturing and fabrication works.

Ramunia said the agreement was exclusive to OGW to a period of five years and was for the provision of all the relevant technical information and training required for the manufacturing of the products in Malaysia.

It said the fabrication of the products wouldl be undertaken jointly by both parties.

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