KUALA LUMPUR: Coastal Contracts Bhd
's subsidiary, Elite Point Pte Ltd, has secured a contract extension for its liftboat valued at approximately RM64.1mil.
In a filing with Bursa Malaysia, Coastal Contracts said the extended charter contract tenure is for one year.
“The extended charter contract is expected to contribute positively to the earnings and net assets of the company for the financial year ending Dec 31, 2024 and the financial period thereafter during its extended contract tenure,” it said.
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