Posted by cheebai > 2013-06-27 19:35 | Report Abuse

The Board of Directors of Muhibbah (“the Board”) is pleased to announce that the Company has been awarded a License by PETRONAS as Approved Supplier for the Category of “OFFSHORE FACILITIES CONST-MAJOR ONSHORE FABRICATION” (“License”) subject to terms and conditions stated in the License therein. FINANCIAL EFFECTS The award of this License qualifies the Company to tender and participate for upcoming Offshore Facilities Construction and Major Onshore Fabrication Works for PETRONAS and other oil major operators in Malaysia. This is expected to have a positive contribution to the earnings and net assets of Muhibbah Group for the current and future financial years.