T7 Global receives contracts worth RM63m


In a filing with Bursa Malaysia, Country View said that the acquisition

KUALA LUMPUR: T7 Global Bhd has, via various subsidiaries, secured three contracts for the provision of services worth a total sum of RM63mil.

The first contract a letter of award from Murphy Sarawak oil for the provision of maintenance services, spare parts and consummables for Murphy Sarawak Oil Co Ltd with a tenure of three years until Ja 14, 2021, with an option to extend for one year.

The second contract involves the upgrading of a combat management system for a Royal Malaysian Navy vessel for Marine Crest Technology Sdn Bhd, expected to be completed in August 2019.

Lastly, a contract was received from CP Energy & Services Sdn Bhd for the supply of equipment and upgrading works, which expires on Oct 16, 2018.

According to a filing with the stock exchange, Tan Sri Datuk Sri Tan Kean Soon and Tan Kay Vin, both directors in T7 Global, are also major shareholders in CP Energy & Services. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit seen holding steady against US dollar next week
Oil posts biggest weekly gains in over a year
Dow ends at record high on easing economic worries
Chip sector in growth phase
Navigating global market landscape
It’s looking up for the ringgit
NDI a more realistic approach in addressing poverty
Gaining ground in the region
On edge, with cautious optimism
Much hinges on US polls

Others Also Read