JOHOR BARU: Johor Corp (JCorp) is allocating about RM468.16mil as capital expenditure (capex) to its unit Kulim (M) Bhd for oil and gas (O&G) exploration activities.
President and chief executive officer Datuk Kamaruzzaman Abu Kassim (pic) said the allocation would be used, for now, to finance Kulim’s venture into the O&G sector in Sumatra, Indonesia.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!