......The Board of Directors of Handal Energy Berhad (“Handal” or the “Company”) wishes to announce that Handal Cranes Sdn Bhd (“Handal Cranes”), a wholly-owned subsidiary of Handal, had received a letter of contract extension from SEA Hibiscus Sdn Bhd (“SEA Hibiscus”) dated 26 July 2021 (“Contract Extension”). The Contract Extension is in relation to the provision of offshore crane maintenance services for SEA Hibiscus (“Contract”). The duration for the Contract Extension is for one (1) year and shall commence from 31 October 2021 until 30 October 2022. This announcement is dated 3 September 2021.
Maintenance work is the future of this company when Energy Sector recover.I like it healthy balance sheet compare with other O & G with high debt (Risky when US increase interest rate in future)
.....Handal Energy Berhad (“Handal” or the “Company”) is pleased to announce that Handal Cranes Sdn Bhd (“Handal Cranes”), a wholly-owned subsidiary of Handal, has secured a new contract from ExxonMobil Exploration and Production Malaysia Inc. (“ExxonMobil”) for the provision of crane overhaul, repair and refurbishment services (“Contract”) via a letter of award dated 9 September 2021.
qr understandable because of covid, atleast the company comes out to reassure the reason and provide better results next quarter. holding for another 3months then
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tiknuhc
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Posted by tiknuhc > 2020-12-15 16:40 | Report Abuse
CHOO CHOO TRAIN COMING