Posted by bernardpng > 2012-12-26 19:39 | Report Abuse

Hu..le....e..eh!! finally ;)))

Posted by richrich8 > 2012-12-26 19:44 | Report Abuse

The contact vale for THHE is RM50mil... Good news! But not Great news...
Hope more to come... :)

Posted by Risk Trader > 2012-12-26 19:51 | Report Abuse

At least can maintain the current price...

Posted by richrich8 > 2012-12-26 21:54 | Report Abuse

sorry guys, correction. The final contract value is not announced yet. it only mentioned at least RM50mil..

INFORMATION ON THE CONTRACT

Under the Contract, the Company is to undertake the procurement, fabrication and load-out the substructures which form part of the HRD Process Platform Project. The portion of the contract value for the Company is estimated to be at least RM50 million. It is a one-off contract and the scheduled completion date for the contract shall be 20 April 2015.

FINANCIAL EFFECTS

The Contract is expected to contribute positively to the earnings and net assets per share of THHE for the duration of the Contract.