Tuesday, April 12, 2011

Favelle units secure RM89.5m worth of jobs

KUALA LUMPUR: FAVELLE FAVCO BHD []'s units have secured contracts worth a combined RM89.5 million for the supply of four offshore cranes.

It said on Tuesday, April 12 that Favelle Favco Cranes Pte Ltd was to supply Keppel Fels Ltd with an offshore crane, which was expected to be delivered from end 2011 to early of 2012.

Meanwhile, Favelle Favco Cranes (M) Sdn Bhd has separate contracts with Aristo Oil International Services L.L.C, Perunding Ranhill Worley - Muhibbah Consortium, and Cosco (Nantong) Shipyard Co. Ltd to supply one offshore crane each respectively with delivery expected by early of 2012.

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