Home News Contracts

Dyna-Mac Holdings secures $8 mil in additional contracts

Atiqah Mokhtar
Atiqah Mokhtar6/22/2021 5:32 PM GMT+08  • 1 min read
Dyna-Mac Holdings secures $8 mil in additional contracts
The contracts are not expected to have a material impact on Dyna-Mac's financials for FY21.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Dyna-Mac Holdings has secured additional work scope from existing customers for a total provisional contract sum of $8 million.

The group was awarded additional work scope for an ongoing project in its fabrication yard in relation to a turret module for a Floating Production Storage and Offloading (FPSO) vessel. The additional scope also includes pipe spool fabrication work.

The orders are not expected to have a material impact on the group’s earnings per share and net tangible assets for the FY2021 ending December.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.