Corporate digest
Add BT as a preferred sourceDyna-Mac Holdings
DYNA-MAC Holdings, which fabricates topside modules and structures for the offshore oil and gas industry, has secured a S$197 million contract from repeat customer BW Offshore group for a fabrication project.
This brings Dyna-Mac's order book to S$368 million, with deliveries up to the year 2023.
Dyna-Mac's shares closed one per cent higher at S$0.095 on Monday.
Spindex Industries
SPINDEX Industries has warned of an impact on its Malaysia factory as it limits operations in line with tightened Movement Control Orders by the Malaysian government.
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Spindex said that this will affect the number of operational staff available to work on site, and "there will be an impact to its Malaysia factory as operations are reduced".
"However, as there are other factors - such as supply and demand - that remain volatile, the financial impact of the TMCO3.0 is not quantifiable currently," the group noted.
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