13.08.2007

Favelle Favco wins contracts

Favelle Favco has secured two contracts worth a total of RM19.31 million (£2.76 million) to supply offshore and tower cranes.

Favelle said it has been awarded a RM8.05 million (£1.12 million) contract by the Shin Yang group of companies to supply offshore cranes, which are expected to be delivered by the end of next year.

Its Australian business, Favelle Favco Cranes Pty Ltd, received a A$3.85 million (£1.64 million) contract from J Hutchison Pty Ltd to supply tower cranes, which are expected to be delivered early next year.