Friday, October 21, 2011

SILK unit gets RM23.5m contract extension from Carigali

KUALA LUMPUR: SILK Holdings Bhd's unit Jasa Merin (Malaysia) Sdn Bhd has been awarded a contract extension worth RM23.5 million by Petronas Carigali Sdn Bhd to provide one Anchor Handling Tug Supply Vessel.

In a filing on Friday, Oct 21, SILK said the primary three-year contract had been extended for a further period of 12 months commencing 4 October 2011.

It said the contract extension was expected to contribute positively to its earnings for the financial year ending July 31, 2012.

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