UMW Oil & Gas bidding for US$1.7b projects, says CIMB Research


KUALA LUMPUR: UMW Oil & Gas is bidding for a staggering 29 projects worth US$1.7bil in the Middle East and Southeast Asia, says CIMB Equities Research.

The research house said on Wednesday it maintained its Add call, with the Middle Eastern foray and a contract for Naga 8 as potential re-rating catalysts.        

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