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MMHE unit secures RM1 2bil subcontract for Netherlands offshore wind project

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd's (MMHE) unit has secured a subcontract of the first offshore substation (OSS) high voltage direct current (HVDC) platform consisting of topside and jacket for the Ijmuiden ver Alpha Project from Petrofac International (UAE) LLC.

MISC nine-month net profit up 48%

MISC Bhd’s third quarter results have fallen short of analysts expectations, leading many to change their call recommendations and target price (TP) for the energy-based logistics player.

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