Muhibbah Engineering subsidiary Favelle Favco Bhd
KUALA LUMPUR: CIMB Equities Research has recommended investors accumulate shares in Muhibbah Engineering after its consortium won a RM950mil EPCC contract from Petronas.
It said on Friday the non-refinery main contractor package involved building an effluent treatment plant (ETP) at Petronas's RM60bil refinery and petrochemical integrated development (RAPID) project in Pengerang, Johor.
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