TAS Offshore has found a buyer for a landing craft in a deal that will deliver a boost to its full-year accounts.

The Malaysian shipbuilder said a European company had paid MYR 17.29m ($3.87m) for the ship.

TAS will deliver the landing craft to the unnamed owner in the second quarter of 2017.

The sale will bolster its results for the financial year ending on 31 May 2017, a statement said.

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