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Wednesday, June 12, 2013

Favelle Favco gets RM161.1mil jobs


PETALING JAYA: Favelle Favco Bhd has secured RM161.1mil in contracts to supply six offshore cranes to six different international companies.
The company told Bursa Malaysia yesterday that its units, Favelle Favco Cranes Pte LtdFavelle Favco Cranes Pty Ltd and Favelle Favco Cranes (M) Sdn Bhd, had received the purchase orders in May and June.
It expects to deliver the cranes from the third quarter of 2013 and said the contracts would contribute positively to its earnings and assets from the current financial year.

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