Favelle Favco (KLSE:FAVCO) unit Favelle Favco Cranes (M) secured purchase orders and letters of intent worth a combined 88.8 million ringgit for the supply of offshore cranes.

The orders were secured from Saipem Offshore Construction, Malaysia Marine and Heavy Engineering and OceanMight, according to a Friday filing with the Malaysian bourse.

Deliveries are expected by the third quarter of 2027, or end-2027, Favelle Favco said.