Dyna-Mac Bags New Fabrication Orders

The Board of Directors of Dyna-Mac Holdings Ltd (Dyna-Mac) today announced that the Group has secured two new fabrication orders for a provisional sum of S$40 million(approx $32.3 Mln).

The new orders are for the fabrication of several units of topside module for a FPSO and fabrication of structural blocks.

The above orders are expected to have a positive contribution to Dyna-Mac’s earnings per share for the year ending 31 December 2013. However, the contracts are not expected to have a material impact on Dyna-Mac’s net tangible assets per share for the year ending 31 December 2013.

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Press Release, May 10, 2013