KUALA LUMPUR (May 30): Steel Hawk Bhd via its wholly-owned unit Steel Hawk Engineering Sdn Bhd has secured a RM51.4 million contract for the construction,
installation and commissioning (cold) of storage and handling facilities for propylene oxide and ethylene oxide (services) operations in Kerteh, Terengganu. 

The contract was awarded by PBH Engineering Sdn Bhd, said the oil and gas support services provider in a bourse filing. 

It added that the project is expected to contribute positively to the earnings and earnings per share of the Steel Hawk Group in future. 

Steel Hawk was last traded at 75 sen, with a market capitalisation of RM120 million.