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M&G's unit bags RM7.3m supply vessels contract from EMEPMI

KUALA LUMPUR: Marine & General Bhd’s (M&G) unit, Jasa Merin (Malaysia) Sdn Bhd, bagged two contracts by ExxonMobil Exploration and Production Malaysia Inc (EMEPMI), for the provision of two straight supply vessels with accommodation (SSV) worth RM7.3 million.

In a filing to Bursa Malaysia today, the company said the contracts, commencing in early and end March 2018 respectively, are for a primary duration of four months with an option for EMEPMI to extend for an additional six months.

The contracts are expected to contribute positively to the earnings of the Group for the financial period ending December 31, 2018.

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