05-08-2011, 05:41 PM
(05-08-2011, 05:29 PM)Nick Wrote: MENCAST’S SUBSIDIARY SECURES CONTRACT FROM SHELL EASTERN PETROLEUM (PTE) LTD
http://info.sgx.com/webcoranncatth.nsf/V...3002CD275/$file/Mencast_Unidive_secured_contract_with_Shell_050811.pdf?openelement
Unidive secured a 1 year + 4 year optional extension to provide its services to Shell.
(Not Vested)
No contract amount stated, and no idea of the gross margins either. Best to stay watchful as the Company announces more contracts, and see if there is a +ve impact on earnings and cash flows.
(Not Vested)
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