about 12 years ago
Malaysia’s Coastal Contracts has secured contracts for the sales of three units Offshore Support Vessels and two units low-end vessels for an aggregate value of approximately RM178 million ($ 54 million). Including the new contracts and after adjusting for revenue recognition from vessels delivered
The revenue stream from the latest contracts is expected to contribute positively to the earnings per share and net assets per share of Coastal Group for the financial years ending 31 December 2014 and 31 December 2015.
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