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    TAS Offshore Berhad wins new contracts

    Vessel & ROV News // April 17, 2013

    The Board of Directors of TAS Offshore Berhad (TAS) in Malaysia has announced that its wholly-owned subsidiary has secured new contracts for the construction of two anchor handling tug supply/oil recovery vessels and two offshore construction vessels with an aggregate value of approximately RM160 million. The vessels were sold to overseas customer.

    "The revenue stream from the contracts is expected to contribute positively to the earnings and assets of TAS Group for financial years ending 31 May 2014 and 2015," said the company in a statement.

     

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