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.
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