Tuesday, June 29, 2010

Handal Offshore secures RM5.57m to supply cranes to Kencana

KUALA LUMPUR: Handal Offshore Services Sdn Bhd, an offshore crane manufacturing and servicing company, has secured a RM5.57 million contract to supply two pedestal cranes to Kencana HL Sdn Bhd.

The cranes, expected to be delivered in the first-quarter of next year, will be used for the CONSTRUCTION [] of topsides under the East Piatu development projects, it said in a filing to Bursa Malaysia on Tuesday, June 29.

The company, a subsidiary of Handal Resources Bhd (HRB), said the project would contribute positively to group earnings this year and in 2011. ' Bernama


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