PETALING JAYA: Oil and gas outfit Uzma Bhd is planning to invest RM471.5mil over 15 years to develop its offshore supply base in Kemaman, Terengganu.
The company said in a filing with the stock exchange yesterday that its wholly owned subsidiary - Uzma Engineering Sdn Bhd - had signed a memorandum of understanding (MoU) with the East Coast Economic Region Development Council for the project.
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