Enra Group secures RM136.56mil storage tanker project
KUALA LUMPUR: Enra Group Bhd's wholly-owned unit, Hexagon Energy Logistics Sdn Bhd, has secured a contract worth approximately RM136.56 million from SIP JDA Sdn Bhd.
In a Bursa Malaysia filing, Enra said the contract is to provide a storage tanker solution in support of Carigali-PTTEPI's operations at the Malaysia-Thailand Joint Development Area (MTJDA).
"The contract, secured through a binding heads of agreement (HOA), will run for 12 months from Oct 1, 2025, to Sept 30, 2026," it said.
Enra said the HOA is expected to contribute positively to the earnings per share, net assets per share, and gearing of Enra Group for the financial year ending March 31, 2026.
"The HOA will not have any effect on the share capital and substantial shareholders' shareholding of Enra as it does not involve any allotment or issuance of new shares by Enra," it added.
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