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. 

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