Wednesday, December 21, 2011

Dyna-Mac

Dyna-Mac: Secured orders of $115m has signed LOIs with leading operators of FPSO vessels, including Modec, Bumi Armada Berhad and SBM Offshore, for the fabrication of nine topside modules, nine piperacks and one turret. The projects are expected to be completed progressively by the end of 2013. Co has boosted its order book to a value of $190m as at to date. Co’s FY2011 Jun-end rev was at $167.9m.

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