Mencast

Mencast: Announced that it has been awarded a three year contract from 1 Jan13 to 31 Dec15 (plus one year option to renew) by Keppel FELS for the provision of general underwater services which include: a) Underwater inspection and maintenance works b) Thruster installation c) Seabed survey inspection d) Hydrographic survey e) Side Scan Sonar survey Group note that this long term contract affirms its growing leadership in MRO services to the Offshore industry. The contract is expected to contribute positively to, but has no material impact on the EPS and NTA of the company for FY13.