THHE Destini Secures RM738.8m OPV Contract

THHE Destini Secures RM738.8m OPV Contract


23 Januari 2017

OPV with contract value RM738.9 million (USD 166 mio) for 42 months work (image : Damen)

KUALA LUMPUR: THHE Destini Sdn Bhd has secured a RM738.9 million contract for the supply, delivery, testing and commissioning of three units of offshore patrol vessels (OPVs) for Malaysia Maritime Enforcement Agency. 

In a filing to Bursa Malaysia today, THHE Destini said, the contract, for 42 months, was expected to contribute positively to its earnings and net assets per share for the financial years ending Dec 31, 2017 to Dec 31, 2020. 

THHE Destini is a joint-venture company between TH Heavy Engineering Bhd"s (THHE) unit, THHE Fabricators Sdn Bhd, and Destini Shipbuilding and Engineering Sdn Bhd. 

(Bernama) 

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