KUALA LUMPUR: Favelle Favco Bhd said the company and its subsidiaries were awarded eight contracts worth a combined RM121mil since June 7.

       This includes work for the construction of cranes and towers.

       "The above contracts are expected to contribute positively to the earnings and net assets of FFB for the financial year ending Dec 31, 2021 and beyond," the company said in a filing with Bursa Malaysia today.