The board of directors of Dyna-Mac Holdings Ltd. said on March 21 that it has secured several fabrication contracts totaling approximately $150 million from its long-standing customers.

Completion of these fabrication contracts are scheduled to spread over 2 years, and as such, the group expects to derive revenue streams from these orders mainly from third-quarter 2019 up to fiscal year 2020.

Barring deferral or rescheduling by customers or other unforeseen circumstances, the above orders are expected to have a positive impact on Dyna-Mac’s earnings per share and net tangible assets for the current financial year ending December 31, 2019.