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OTHERS ENRA GROUP BERHAD ("ENRA" OR "THE COMPANY") - Letter of Award

ENRA GROUP BERHAD

Type Announcement
Subject OTHERS
Description
ENRA GROUP BERHAD ("ENRA" OR "THE COMPANY")
- Letter of Award

The Board of Directors of ENRA is pleased to announce that ENRA SPM Sdn Bhd, a subsidiary of the Company has on 1 September 2022, accepted a letter of award from Gulf Petroleum Myanmar for the Provision of Condensate Storage, Offloading Facilities and Services for Yetagun offshore operations, Myanmar at the contract value amounting to USD4.39 million.

 

The contract is effective from 30 August 2022 and the charter period will be effective upon commissioning of the system and shall continue for a period of six (6) months.

 

The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial year ending 31 March 2023.

 

The contract extension shall be subject to mutual consent and the risks in respect of the contract are normal business risks.

 

None of the directors and/or major shareholders of the Company or persons connected to them has any interest, direct or indirect in the contract awarded. 

 

This announcement is dated 1 September 2022.






Announcement Info

Company Name ENRA GROUP BERHAD
Stock Name ENRA
Date Announced 01 Sep 2022
Category General Announcement for PLC
Reference Number GA1-01092022-00059




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