OTHERS MUHIBBAH ENGINEERING (M) BHD ("MEB" OR "THE COMPANY") - ENTRY INTO PROTOCOL OF DELIVERY AND ACCEPTANCE CONTRACT BETWEEN MUHIBBAH O&G SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MEB WITH A SERVICE COMPANY FOR THE SALE OF ONE (1) UNIT OFFSHORE SUPPLY VESSEL BUILT BY MEB GROUP FOR A TOTAL CONSIDERATION OF APPROXIMATELY USD 18 MILLION, EQUIVALENT TO APPROXIMATELY RM74 MILLION
| MUHIBBAH ENGINEERING (M) BHD |
| Type | Announcement |
| Subject | OTHERS |
| Description | MUHIBBAH ENGINEERING (M) BHD ("MEB" OR "THE COMPANY")
- ENTRY INTO PROTOCOL OF DELIVERY AND ACCEPTANCE CONTRACT BETWEEN MUHIBBAH O&G SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MEB WITH A SERVICE COMPANY FOR THE SALE OF ONE (1) UNIT OFFSHORE SUPPLY VESSEL BUILT BY MEB GROUP FOR A TOTAL CONSIDERATION OF APPROXIMATELY USD 18 MILLION, EQUIVALENT TO APPROXIMATELY RM74 MILLION |
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The Board of Directors of MEB is pleased to announce that its wholly-owned subsidiary, Muhibbah O&G Sdn. Bhd., had on 17 December 2025, entered into protocol of delivery and acceptance contract with a service company in South East Asia (“Buyer”), for the sale of one (1) unit Offshore Supply Vessel built by MEB Group for a total sum of approximately USD 18 million, equivalent to approximately RM74 million.
Further details of the above are set out in the attachment.
This announcement is dated 17 December 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | MUHIBBAH ENGINEERING (M) BHD |
| Stock Name | MUHIBAH |
| Date Announced | 17 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15102025-00022 |