HANDAL RESOURCES BERHAD (“HRB” or “the Company”) Award of Works to Handal Offshore Services Sdn Bhd by Kencana HL Sdn Bhd

HANDAL RESOURCES BERHAD

TypeAnnouncement
SubjectHANDAL RESOURCES BERHAD (“HRB” or “the Company”)
Award of Works to Handal Offshore Services Sdn Bhd by Kencana HL Sdn Bhd
ContentsThe Board of Directors of the Company are pleased to announce that Handal Offshore Services Sdn Bhd (HOSSB), a wholly owned subsidiary of the Company has on 25 June 2010 received the award from Kencana HL Sdn Bhd for the project (provision of procurement and construction for topsides of PM329 East Piatu development projects) to supply two (2) pedestal cranes valued at RM5,570,000.00. The cranes are to be delivered during the first quarter of 2011.

The contract commencing from the date of the project is expected to contribute positively to the earnings of the HRB Group for the financial year ending 31 December 2010 and thereafter in 2011.

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

This announcement is dated 28 June 2010


Announcement Info

Company NameHANDAL RESOURCES BERHAD  
Stock Name HANDAL    
Date Announced28 Jun 2010  
CategoryGeneral Announcement
Reference NoCA-100628-58971