Friday 02 Jun 2023
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KUALA LUMPUR (June 24): Marine & General Bhd’s subsidiary Jasa Merin (Malaysia) Sdn Bhd has bagged three work awards from Petronas Carigali Sdn Bhd worth a total of RM20.9 million, for the provision of anchor handling tug & supply vessel.

In a Bursa Malaysia filing today, the group said the contracts, worth approximately RM6.98 million each, will last for six months with an option to extend by another six months.

It said the contracts are expected to contribute positively to the earnings of the group for the financial period ending April 30, 2020 (FY20).

Marine & General last traded on June 17 at 7.5 sen, for a market capitalisation of RM54.29 million.

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