SIGNING OF JOINT VENTURE AND SHAREHOLDERS AGREEMENT BETWEEN EAT & MTCE

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11th December 2015  is a significant historical day for MTC Group of companies.  On this day,  MTC Engineering Sdn Bhd (MTCE) and EA Technique (M) Berhad (EAT) have signed an agreement to form a joint venture company, EAT MTC Floating Services Sdn Bhd.   Dato Ir Abdul Hak bin Md Amin, Group Managing Director of EAT and Ir Mohd Fauzi bin Yaakob, Chief Executive Officer of MTCE signed the agreement at MTC Campus Shah Alam witnessed by the management team of both companies.

The formation of EAT MTC Floating Solutions Sdn Bhd signifies the close collaboration between the two companies, which started in 2013 with the Kayu Manis Anjung Kecil Fields project. This brings the working relationship between the two companies to the next level of cooperation resulting in a win-win partnership.

EA Technique (M) Bhd,  a public listed company on the BSKL, is an established player in the marine industry whose strength is in the operations and maintenance of marine vessels.   MTCE is very strong in engineering services for the marine and offshore industries.  Both stand to benefit significantly from the new partnership.

Thank you for the kind support and participation to all those  involved in this event and in making it a success.

EVENT HIGHLIGHTS

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