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Thursday, 13 April 2017 | MYT 8:15 PM

Handal Resources unit bags three-year

ExxonMobil contract

Our Sites More UPDATED EVERY 5 MINUTES

KUALA LUMPUR: Handal Resources Bhds subsidiary, Handal Offshore Services Sdn Bhd
(HOSSB), has secured a three-year contract for crane maintenance services from ExxonMobil
Exploration and Production Malaysia Inc.

The contract works would begin this month and end on April 2020, with an option for a one-year
extension, said the integrated offshore crane services provider and fabricator in a filing with
Bursa Malaysia on Thursday.

The contract will contribute positively to the groups performance for the financial year ending
Dec 31, 2017.

This demonstrates our capabilities in securing contracts and projects during this challenging
time in the oil and gas industry, it added.

Last month, Handal secured a RM2.3mil contract to provide similar crane maintenance services
to SapuraKencana Energys production operations.

The company added it would continuously look at replenishing its current orderbook. - Bernama

TAGS / KEYWORDS:
Corporate News , Oil & Gas , Handal Resources Bhd

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Market Summary
Updated: 13 Apr 2017 | 6:50 PM
Quotes are delayed by at least 15 mins

FBM KLCI Vol ('00)

1738.18 -5.9 -0.34% 38,626,493

FBMKLCI

Day's Range 52 Weeks Range

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High 1743.34 High 1760

Gainers 220 Losers 765

Unchanged 305 Untraded 452

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PWORTH 0.245 0.010 1,655,234

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