- Dyna-Mac announced two memorandums of understanding (MOUs) in August 2023.
Additional fabrication capacity a positive for top-line growth
- The first is a two-year MOU with offshore marine services contractor Kim Heng Marine & Oilfield Pte Ltd, a wholly owned subsidiary of Kim Heng (SGX:5G2). This preferred partnership arrangement provides Dyna-Mac with the option to secure the use of Kim Heng’s yard facilities at agreed tariff rates, which will allow Dyna-Mac to take on more projects while minimising some volatility in terms of costs.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
Differentiated and future-proofed
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Ada Lim OCBC Investment Research | https://www.iocbc.com/ 2023-09-25
Previous report by OCBC:
2023-08-10 Dyna-Mac - Shipshape.
Price targets by other brokers at Dyna-Mac Target Prices.
Listing of research reports at Dyna-Mac Analyst Reports.
Relevant links:
Dyna-Mac Share Price History,
Dyna-Mac Announcements,
Dyna-Mac Dividends & Corporate Actions,
Dyna-Mac News Articles
