OTHERS HANDAL RESOURCES BERHAD (HRB or the Company) Letter of Award to Handal Offshore Services Sdn. Bhd. by SapuraKencana Energy Peninsula Malaysia Inc. (SapuraKencana Energy)

HANDAL RESOURCES BERHAD

Type Announcement
Subject OTHERS
Description
HANDAL RESOURCES BERHAD (HRB or the Company)

Letter of Award to Handal Offshore Services Sdn. Bhd. by SapuraKencana Energy Peninsula Malaysia Inc. (SapuraKencana Energy)

The Board of Directors of HRB is pleased to announce that Handal Offshore Services Sdn. Bhd. (HOSSB), a wholly owned subsidiary of HRB has accepted the Letter of Award from SapuraKencana Energy for the provision of pedestal crane maintenance services for SapuraKencana Energy’s production operations (“Contract”) valued at RM 2.307 million  (Ringgit Malaysia Two Million Three Hundred and Seven Thousand only).

The Contract is for the duration of 2 years (effective March 2017 to February at 2019) with an option for 1 year extension and is expected to contribute positively to the earnings and net assets per share of the HRB Group for the financial year ending 31 December 2017.

None of the Directors or major shareholders of HRB or persons connected to them have any interest, direct or indirect, in the above award of Contract. 

This announcement is dated 28 March 2017.






Announcement Info

Company Name HANDAL RESOURCES BERHAD
Stock Name HANDAL
Date Announced 28 Mar 2017
Category General Announcement for PLC
Reference Number GA1-27032017-00070