Dyna-Mac Secures New Fabrication Orders For A Provisional Sum Of S$40 Million

abarrelfullabarrelfull wrote on 11 May 2013 07:31
Tags: dyna-mac engineering

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The Board of Directors of Dyna-Mac Holdings Ltd (“Dyna-Mac” or together with its subsidiaries, the “Group”) wishes to announce that the Group has secured two new fabrication orders for a provisional sum of S$40 million.

The new orders are from two of our regular clients 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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