KUALA LUMPUR (June 14): TAS Offshore Bhd’s unit has secured a new contract for the sale of a unit of anchor handling tug/oil recovery/support vessel for RM49 million.
In a filing Thursday, TAS said the vessel was being sold to one of its overseas customers that had purchased 17 vessels from the company.
It said the vessel was expected to be delivered by early 2014.
TAS said the revenue stream from the contract was expected to contribute positively to its earnings for the financial years ending May 31, 2013 and 2014.
