Latest news with #TASOffshoreBhd
New Straits Times
05-05-2025
- Business
- New Straits Times
TAS Offshore wins RM38mil contracts to supply tugboats for Indonesian firms
KUALA LUMPUR: TAS Offshore Bhd has bagged a RM38 million shipbuilding contracts for six tugboats from two new customers in Indonesia. The company, however, did not disclose the names of the clients in a bourse filing today. The vessels are scheduled for delivery in the financial year ending 2026. "The revenue generated from the contracts is expected to contribute positively to the earnings and net assets of the group for the financial year ending May 31, 2026," it added. In a separate filing, TAS Offshore declared an interim single-tier dividend of two sen per share for FY25, with the payment scheduled for June 18. TAS Offshore's share price closed half a sen or 0.9 per cent lower at 57.5 sen, giving the group a market capitalisation of RM103.5 million.
The Star
05-05-2025
- Business
- The Star
TAS Offshore wins RM38mil shipbuilding contracts
PETALING JAYA: TAS Offshore Bhd has secured shipbuilding contracts for six units of tugboats with a value of approximately RM38mil. In a filing with Bursa Malaysia, the shipbuilding company said the contracts were signed with two new customers from Indonesia. 'These vessels are expected to be delivered during the financial year 2026.' TAS Offshore said the revenue generated from the contracts is expected to contribute positively to the earnings and net assets of TAS Group for the financial year ending May 31, 2026. 'None of the directors and/or major shareholders of TAS or persons connected to them have any interest, direct or indirect, in the above contract,' it said.
