Sunday 02 Jun 2024
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KUALA LUMPUR (Dec 27): Steel Hawk Bhd has received a contract extension from Petronas Carigali Sdn Bhd (PCSB) for the provision of onshore facilities maintenance, construction and modification (ONMCM) services.

In a bourse filing on Wednesday, the group said the contract has been extended for one year and 20 days to Dec 31, 2024.

"The contract is on a call-out basis (which does not have a fixed contract value), and we are engaged by PCSB to provide specified services for the duration of the said contract, as and when such services are required," said Steel Hawk.

The group expects the contract to contribute positively to its earnings for the year ended Dec 31, 2024.

Shares in Steel Hawk finished unchanged at 28 sen, giving the group a market capitalisation of RM45 million.

Edited ByS Kanagaraju
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