pim f schreef op 28 maart 2014 20:17:
• TH Heavy Engineering is also in the early stages of diversifying into the floating production storage and offloading (FPSO) system and is currently bidding for a contract by an international oil and gas player.
Significance: The venture into FPSO will allow the company to have a more sustainable and persistent cash flow due to the long-term contract tenure of around 10 years. This, coupled with its capacity expansion, will enable the company to strengthen its position in the industry.
www.sharesinv.com/articles/2014/03/27...