Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 1 September 2015, 15:30 HKT/SGT
Share:
    

Source: Dyna-Mac Holdings Ltd
Dyna-Mac (SGX:DMHL) Secures Contract from New Customer in Singapore

SINGAPORE, Sept 1, 2015 - (ACN Newswire) - Dyna-Mac Holdings Ltd (SGX:DMHL; SI:NO6) has secured a S$12 million contract from an established and reputable first time new customer, an MNC based in Singapore, for the construction of 13 units of Pre-Assembled Rack (PAR), 2 units of Pre-Assembled Units (PAU) and 1 unit of Pre-Assembled Structure (PAS) for their Singapore project.

Dyna-Mac's contract includes the supply and installation of structural steel, piping installation, mechanical/equipment installation, electrical and instrument works, insulation, painting/coating and fireproofing works and pre-commissioning. The project's modular units are scheduled to be delivered progressively to the owner with the last unit loaded out by May 2016.

Mr Desmond Lim, CEO of Dyna-Mac said "We are delighted to be awarded this significant contract in Singapore. With our vast experience and proven track record in detailed engineering, procurement, construction and pre-commissioning of topside modules and having delivered 243 modules to-date, we are confident of delivering these modular units and meeting our customer's stringent requirements."

The project will be undertaken at Dyna-Mac's yard in Tanjung Kupang, Johor, Malaysia. On completion, the modular units will be transported by owner to their project site located in Singapore.

With this new contract, the net order book as at to-date stands at S$305 million. This includes an adjustment to the work scope for the Zadco project (press release dated 1 November 2013) and an increase in the number of modules for the Kraken project (announcement dated 12 May 2014).

The above is not expected to have any material impact on the net tangible assets and earnings per share of Dyna-Mac for the current financial year.


Contact:
Ms Belinda Lim
Corporate Relations Executive
Dyna-Mac Holdings Ltd
DID: +65 6415 0859
Mobile: +65 9117 7425
Email: belinda.lim@dyna-mac.com
Website: www.dyna-mac.com 



Topic: Contract Awarded
Source: Dyna-Mac Holdings Ltd

Sectors: Daily Finance
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
Bamboos Announces 2025 Annual Results  
Sept 29, 2025 18:01 HKT/SGT
Production, Sales and Export Results for August, 2025  
Monday, September 29, 2025 4:08:00 PM
NEC Releases Third Edition of TNFD Report  
Monday, September 29, 2025 3:24:00 PM
Mazda Production and Sales Results for August 2025  
Monday, September 29, 2025 2:55:00 PM
DENSO and TUV Rheinland Japan Sign Memorandum of Understanding to Realize Sustainable Product Development and to Promote Digital Product Passport  
Monday, September 29, 2025 2:22:00 PM
Toyota Announces Sales, Production, and Export Results for August 2025  
Monday, September 29, 2025 2:11:00 PM
Isuzu and Toyota to Jointly Develop Next-Generation Fuel Cell Route Bus  
Monday, September 29, 2025 1:42:00 PM
31 Concept Accelerates Next-Gen DPI Leadership With Strategic Acquisition of Xynthor AI  
Sept 29, 2025 13:13 HKT/SGT
Fujitsu and AIST sign collaboration agreement to strengthen international industrial competitiveness in quantum technology  
Monday, September 29, 2025 1:06:00 PM
World's First Methanol Dual-Fuel PCTC 'CM HONG KONG' makes its maiden voyage to Hong Kong  
Sept 29, 2025 12:17 HKT/SGT
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: