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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!