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Thursday, March 28, 2013

Nam Cheong unit wins $89.7mil in sales contracts


Nam Cheong says a wholly-owned unit has won US$72.1 million ($89.7 million) in sales contracts for two units of anchor-handling, towing supply vessels and four units of emergency-response and rescue vessels. The vessels were sold to two of its existing customers and are scheduled for delivery between the second quarter of this year and the fourth quarter of next year. The contracts will bring its order book to RM1.3 billion ($521 million).

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